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Decrease in the Number of Homes for Sale

Many metropolitan areas in the USA have seen a fall in the number of homes listed for sale in the month of January.

According to a report by ZipRealty Inc, 29 major metropolitan areas have recorded a drop of 2.5 percent in the supply of homes for sale in January as compared to the previous month.

Based in Emeryville, Calif, the real estate brokerage firm has collected its data from the local multiple-listing services for the compilation of aforesaid figures. All single-family homes, townhomes and condominiums that are listed in the areas where it operates are taken into consideration during the process of compilation.

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