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The supply of previously owned single-family homes fell to a 2.4 months in October — the lowest since 1982, when the National Association of Realtors began collecting the data.

It’s not only low interest rates pushing up prices to record highs. A historic lack of homes for sale is a big part of it too. And it’s making homeownership unaffordable for too many people.

(Image credit: National Association of Realtors)

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