Home prices stay elevated as inventory lags: Redfin
Housing Wire
MAY 23, 2024
New listings have risen approximately 8% compared to last year, yet overall inventory remains below typical spring levels. Simultaneously, persistently high housing costs have driven pending home sales down by 4.2% year over year, the largest decline in three months with the exception of the previous four-week period, which saw a 4.4%
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