See Local News
Get Balanced News From Your U.S. State.
See Local News
See all locals

US Homes for Sale on the Rise

Posted on AllSides May 22nd, 2024
From The Center
Joe Raedle/Getty Images

The inventory of existing homes for sale rose to 1.2 million in April, according to data from the National Association of Realtors (NAR), marking the highest point since October 2022, as prices and borrowing costs remain elevated.

Compared to March, the available unsold homes in the market was up 9 percent, to 3.5 months' worth of supply and jumped more than 16 percent from the same time a year ago, NAR reported.

Sales of existing homes fell by nearly 2 percent to a yearly rate of 4.14 million amid prices...

Read full story
Some content from this outlet may be limited or behind a paywall.

AllSides Picks

More News about Housing and Homelessness from the Left, Center and Right

From the Left

From the Center

From the Right