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Number Of US Home Sellers Hits Highest Level In 6 Years In May: Report
Number Of US Home Sellers Hits Highest Level In 6 Years In May: Report
Authored by Rob Sabo via The Epoch Times,
Homebuyers held more leverage over sellers in May, with sellers outpacing prospective buyers in 35 of the nation’s 50 most populous metropolitan markets, according to a June 9 report from real estate brokerage Redfin.
The number of sellers reached its highest level since 2020.
Home sellers outnumbered buyers by nearly 47 percent for the month, up slightly from 46.4 percent in April, but retreating slightly from the peak of 49.5 percent...
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