Across the country, housing stock on the market rose just over 12 percent in 2024 from 2022.
That means last year there were about 1.2 million homes for sale in the U.S., according to data from Zillow.
Among the top five metro areas in the U.S., New York experienced the biggest drop in inventory, of about 27 percent. Meanwhile, Dallas saw a 44 percent surge in its listings – the most among those cities.
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