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New Jersey Real Estate: Sales and Prices Up Despite Record-Low Inventory

Housing sales

Sales and prices are up on homes in New Jersey, despite record-low inventory. Getty Images/iStockphoto

Housing inventory in the Garden State is at a decade-long low but sales and prices are still robust, according to a monthly report from New Jersey Realtors.

As the weather improves, real estate agents are hopeful that more sellers will put their homes on the market — but it likely won’t have a big impact on the inventory shortage, they said.

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