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In a recent report released by the Missouri Association of Realtors, it was revealed that the state's real estate market continues to experience steady growth in 2025. The report, which analyzed data from the third quarter of the year, showed an increase in both home sales and prices across the state.According to the report, home sales in Missouri were up 5% compared to the same period last year. This increase was driven by strong demand from buyers, as well as a continued trend of low inventory levels. In fact, the report found that the number of homes for sale in Missouri was down 10% from last year, leading to increased competition among buyers.In addition to the increase in home sales, the report also showed a rise in home prices in Missouri. The median sales price for homes in the state increased by 7% compared to last year, reaching a new record high. This growth in home prices can be attributed to a combination of factors, including low inventory levels, strong demand, and low mortgage rates.Despite the challenges posed by low inventory levels, real estate experts in Missouri remain optimistic about the state's housing market. They believe that the continued population growth in urban areas, as well as the state's strong economy, will continue to drive demand for homes in the coming years.Overall, the report paints a positive picture of the Missouri real estate market in 2025, with continued growth in both home sales and prices. As the state continues to attract new residents and businesses, the outlook for the real estate market remains bright.