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Housing Data Shows Home Prices are Heating Up

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the staff of the Ruidgewood blog

Ridgewood NJ, The first month of summer brought higher prices and declining inventory according to the Q2 housing data recently released by New Jersey Realtors.

As predicted and expected, the Federal Reserve did not change its target range for the federal funds rate in their June meeting. However, there is a possibility of a rate reduction within 2019, likely the result of continued increases over the past few years.

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