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The Independent UK
The Independent UK
National
Alex Veiga

Sellers outnumber prospective homebuyers as high prices and mortgage rates skew the housing market

Home Sales - (Copyright 2024 The Associated Press. All rights reserved.)

Homeowners eager to sell may have to wait a while before a buyer comes along.

As of April, the U.S. housing market had nearly 34% more sellers than buyers shopping for a home, according to an analysis by Redfin.

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