Housing Supply at Highest Level Since Early Pandemic: Report

A typical home sold in January sat on the market a week longer than a year ago, data show.
Housing Supply at Highest Level Since Early Pandemic: Report
A home available for sale in Austin, Texas, on May 22, 2024. Brandon Bell/Getty Images
|Updated:
0:00

More homes were available for sale in the United States last month than in the same period last year, but fewer buyers are showing interest amid high costs, according to real estate brokerage Redfin.

Active listings of homes for sale in January were up 12.9 percent from a year ago and are at “the highest level since early in the pandemic,” the company said in a Feb. 13 statement.
Naveen Athrappully
Naveen Athrappully
Author
Naveen Athrappully is a news reporter covering business and world events at The Epoch Times.