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Home Listings Jump in Turnabout for Supply-Starved US Market
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The housing slowdown is helping to solve the US real estate market’s most intractable problem: tight inventory.
With fewer buyers competing, the number of active US listings jumped 18.7% in June from a year earlier, the largest annual increase in data going back to 2017, Realtor.com said in a report Thursday. And new sellers entered the market at an even faster rate than before the pandemic housing rally began.