April 18, 2024 5:57 pm
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Housing sales inventory continues to grow in October

inventoryBy Trey Garrison | HousingWire

The number of homes for sale continued to increase across the U.S. in October, a good sign for buyers, but mainly for those on the higher end, according to the latest data from Zillow (Z) Real Estate Markets report for October.

In many parts of the country, supply increased more among the most expensive homes than low- and mid-priced homes

The inventory of for-sale homes in the bottom home-price tier rose year-over-year in 68.3% of the 353 total metro areas analyzed by Zillow, while inventory in the top home price tier rose in 82.2%, or 290 of the 353 markets analyzed. Inventory of all homes for sale nationwide increased by 15.8% year-over-year.

Continued:

Related: $1 million-plus home sales up 16% Continued:

Also: Prosecutors: News stories not enough to move HOA trial Continued:

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