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flag Home sales in Central Lakes fell 12% in January 2026, with prices rising to $615,000 amid low inventory and higher mortgage rates.

flag The Central Lakes Association of REALTORS® reported that in January 2026, home sales in the region declined by 12% compared to the same month last year, with the average selling price rising 5% to $615,000. flag Active listings dropped by 18%, indicating a tight market, while the number of new listings decreased by 10%. flag Experts attribute the slowdown to higher mortgage rates and limited inventory.

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