A survey of 18 major U.S. metropolitan markets conducted by ZipRealty Inc. found that the number of homes on the market was up, on average, 6.5 percent over last month. According to the Credit Suisse Group, the number of homes on the market nationally has traditionally increased less than 2 percent from February to March. The biggest rises in inventory were in markets that are perceived to have a condo glut, such as L.A., San Francisco and Washington, D.C. The survey did not include the New York metropolitan area. more [WSJ]
Trending
For-sale inventory rises in U.S.
Recommended For You