Home listings in Greater Washington shrinking as national inventory grows

Fewer houses are available for sale in Greater Washington, bucking a national trend of increased inventory, according to a report in Realtor.com.

While national housing inventory grew by 4% year-over-year in March, the number of active listings in Greater Washington experienced a 14% year-over-year decrease. Only St. Louis had a bigger drop, with the number of listings falling 19 percent.

Realtor.com said inventory in the 50 largest U.S. metros grew 9%, a slight decrease from February’s 11% year-over-year…

from Fort Lauderdale Real Estate News & Residential Real Estate News – Residential Real Estate News Headlines | Bizjournals.com & Banking & Financial News – Banking & Financial News Headlines | Bizjournals.com http://feeds.bizjournals.com/~r/industry_21/~3/civqSDhDeuc/home-listings-in-greater-washington-shrinking-as.html

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