April delistings jump to the highest level since March 2020 as housing demand cools
TL;DR
U.S. home listings pulled from the market in April reached 5.8%—the highest since March 2020 and up 3.8% from March—as higher mortgage rates, gas prices and softer demand push sellers to delist or relist; Atlanta led with about 1 in 10 listings pulled, followed by San Jose, Los Angeles, Dallas and Seattle, while pending sales rose 1.4% and relisted listings reached 2.5%.
- Sellers are pulling homes off the market at the fastest pace since 2020 CNBC
- Why some homes sit on the market longer than others Mossel Bay Advertiser
- Redfin Reports Sellers Are Pulling Their Homes Off the Market at Near-Record Rates Yahoo Finance
- Why certain homes sit unsold for months, according to real estate agents MSN
- Sell quickly or sit on the market for months – what’s it to be? Euro Weekly News
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