Homes were flying off the market again in March, according to data from New Jersey Realtors. Low inventory and rising interest rates are driving the quick sales.Low inventory and rising interest rates made for another month of booming business in New Jersey’s single-family home real estate market.
Median sales prices were up and days on the market and new listings were down as the spring market headed into full swing, according to March data released this week by New Jersey Realtors. Note to readers: if you purchase something through one of our affiliate links we may earn a commission.
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