Housing supply in the United States improved last month amid a stagnation in sales, with pricing being a key reason for the stale market, according to real estate brokerage Redfin.
“Active listings—the total number of homes for sale—climbed to the highest level since 2020 in November on a seasonally adjusted basis, rising 0.5 percent month over month and 12.1 percent year over year,” said a Dec. 30 report from the company.
