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A tight supply cuts into Tampa Bay home sales while prices keep rising

Posted in News on June 21, 2018 by John William Barger III

Tampa Bay’s two largest counties showed anemic home sales in May as prices continued to rise due to a tight supply. In Pinellas, sales of single-family home plunged nearly 12 percent from the previous May, the second-worst showing in a year. Prices, though, shot up 10 percent, to a median of $253,000. In Hillsborough, the number of sales crept up…

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