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    Home supply rose to 4.1 months worth in June, up from 4.0 months in May. Median prices on condos and co-ops nationwide rose by 4.9 percent over the past year to $258,100 in June.

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    The company, together with Rosdev Group, secured the 918-unit portfolio for $44.4 million and plans to renovate the communities.

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    The metro's slow-but-steady economic growth is reflected in an insignificant rise in apartment rents and tepid housing demand, with public authorities making up nearly half of the biggest owners.

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    The company procured Bridge Investment Group as a buyer for Silver Spring-based Spring Parc, which includes 399 units.

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