11.04.2013 - US: Housing inventory picked up in March
Housing inventories picked up modestly in March, offering some hope to home buyers who are grousing about slim pickings, according to a report released Wednesday. The number of homes listed for sale in March jumped by 2.4% from February and has increased by 3.5% from January, according to data compiled by Realtor.com. Inventories typically rise in the spring as the peak home-sales season begins, and the recent uptick is outpacing last year’s increase of 2% from January to March. Inventories were still 15% below their levels of a year ago...............................................Full Article: Source
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