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October 14, 2024

Home listings climb in nation's priciest markets as locked-up inventory starts to shift

  • The number of newly listed U.S. homes climbed 4.2% in September.
    • By ALEX VEIGA
    AP Business Writer

    LOS ANGELES — Homebuyers in Seattle, Silicon Valley and the nation's other priciest markets are seeing more properties hit the market as mortgage rates finally start trending lower.

    The number of newly listed homes for sale climbed 4.2% last month, according to data from Realtor.com. September's jump was the biggest annual increase since the peak of the spring homebuying season, and helped lift active listings 34% from a year earlier, according to Realtor.com.


     
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