Housing market gets more new listings than expected

Source: The Real Deal— 

The super-tight housing market got an influx of new listings in June — an unexpected turn of events as U.S. homes have been in short supply since even before the pandemic.

The number of new listings in June rose 5.5 percent compared to a year ago, and 10.9 percent from May, CNBC reported, citing data from Realtor.com.