Redfin Report: Home Listings Hit 4-Year High in May but Demand Didn’t Keep Pace

Saturday, June 21, 2014
SEATTLE--(BUSINESS WIRE)--In the first nationwide housing numbers release for May, Redfin (www.redfin.com), the customer-first real estate brokerage, reports a slowdown in the residential housing market after the resilience it showed in April. Most notably, inventory was up 9.1 percent in May, with the highest number of new listings in four years. However, the number of homes sold was down 10 ...

 

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