New listings for homes for sale climbed 12.9% year-over-year in February, Redfin data shows.
Total inventory also improved, as total homes for sale did not decline for the first time in nine months.
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Mortgage-purchase applications have dropped for four consecutive weeks, and pending sales dipped 8%, the steepest drop in five months.
Persons:
—, Redfin, Brynn Rea
Organizations:
Service, Mortgage
Locations:
Redfin, Spokane , Washington