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REAL ESTATE NEWS & COMMENTS:
House Hunting Tip: Real estate economists use various indices to measure market activity. One is the unsold inventory index, which indicates how many months it would take to sell the existing inventory of homes for sale. An unsold inventory index of one to two months usually indicates a low inventory, seller's market. An index of 8 months to a year, or more, indicates a slower market that usually favors the buyer over the seller.