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2024-06-30 13:00:00 +0300

Home Listings Surge in Turnabout for Supply-Starved US Market

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Bloomberg
By Prashant Gopal

The housing slowdown is helping to solve one of the US real estate market’s most intractable problems: tight inventory.

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With fewer buyers competing, the number of active US listings jumped 18.7% in June from a year earlier, the largest annual increase in data going back to 2017, Realtor.com said in a report Thursday. And new sellers entered the market at an even faster rate than before the pandemic housing rally began.

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