
Home sellers are relisting properties at fastest pace in a decade, but spring supply is still low

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Home sellers are relisting properties at the fastest pace in a decade, with nearly 45,000 homes relisted in January, according to Redfin. This surge is attributed to lower mortgage rates, despite overall supply remaining low. While active listings increased by 7.9% year-over-year, they are still down 17% from pre-pandemic levels. The market shows signs of optimism, but inventory gains have plateaued, particularly in the Northeast and Midwest. The impact of fluctuating mortgage rates and economic uncertainty continues to influence seller behavior.
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