【World Property Journal】U.S. Home Listings Decline as Sellers Retreat Amid Falling Prices, Volatile Rates

Would-be sellers are reluctant to list their homes as they have begun to see prices come down

National property broker Redfin is reporting that new listings of homes for sale in the U.S. fell 15% year over year in the four weeks ending August 21, the biggest annual decline since the start of the pandemic. As a result, the supply of for-sale homes fell 0.6% from the previous four-week period-a slight decline, but just the second such drop since February 2022.

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