Housing supply hits five-year high amid sluggish demand, climbing costs - Redfin

1 month ago 4
A house and dollar symbol on a seesaw

Richard Drury/DigitalVision via Getty Images

Housing supply rose to its highest level in five years in April amid sluggish demand and climbing costs, real estate brokerage Redfin (RDFN) said on Monday.

U.S. existing home sales fell to a seasonally adjusted annual rate of 4.2M in April, down 0.2% sequentially

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