New Listings Rise With Lower Mortgage Rates

The share of single-family rentals in overall rented properties have fallen to a ‘record low,’ according to a real estate report.

A for-sale sign outside a home in Irvine, Calif., on Sept. 21, 2020. John Fredricks/The Epoch Times

The number of homes newly listed for sale rose by roughly 1 percent for the four weeks ending Jan. 25 from a year ago, the first such increase in more than two months, real estate brokerage Redfin said in a statement on Jan. 29.

The brokerage attributed the jump to two factors, the first being an improvement in homebuying demand.