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Home Listings Post Biggest Monthly Drop Since 2023 As Sellers Retreat, Data Shows
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Home Listings Post Biggest Monthly Drop Since 2023 As Sellers Retreat, Data Shows
Homeowners are stepping back from the real estate market as demand shrinks and homes take longer to sell, according to new data.Active listings fell 1.4% from October to November, Redfin said on Monday, Dec. 22. That's the biggest monthly drop since June 2023 on a seasonally adjusted basis, according to the real estate website.New listings dropped 2.2% over the same period, falling to their lowest level since April 2024. Pending home sales fell …
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