Bidding wars aren’t over, but the number of homes listed for sale is increasing, by quite a bit in some of the tightest markets.
According to the latest National Housing Trend Report by Realtor.com, the number of homes listed for sale grew 4.26% from May to June, with a total of 1.93 million listed for sale nationwide.
The number of homes for sale grew significantly more in some areas where the inventory shortage had become the most acute, particularly in California.
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