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Does Existing Home Sales data track foreclosures?

April 26, 2017Data existing Foreclosures Home sales track

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Does Existing Home Sales data track foreclosures?

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Our existing home sales data includes some foreclosures but not all. A property must be listed with a Multiple Listing Service (MLS) by Realtors® to be included in our inventory, and sold through an MLS to be included in our sales figures. When a foreclosure sale is not successful, the numbers of sales do not increase and it will get counted in our inventory figure.