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Oahu real estate market growth shows no sign of slowing

Locations – Hawaii’s leading real estate firm – published its Oahu Residential Real Estate Report for May 2017. The report, which analyzes sales activity for more than 350 Oahu neighborhoods, concludes that the Oahu real estate market is continuing to show strong and steady growth, with increasing sales figures, rising prices and a competitive buyer’s market in May with Days on the Market remaining at record lows.

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Oahu Real Estate Report - April 2017

“Low inventory and increasing demand are driving the 2017 market to new heights, with lower days on market despite rising prices. As competition is strongest during the summer months, we anticipate prices to continue to increase as buyers bid-up over the asking price of condominiums and single family homes."-Scott Higashi, CEO of Locations

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