April 12th 2023
MarketWatch
Aside from rates rising above 6%, the low number of homes on the market for sale is one of the biggest frustrations faced by buyers today. There were 22.3% fewer new listings on the market this March than last year, Zillow said in a separate report.
In New York City, the real-estate market felt shivers from a gloomy first half of 2023, according to a separate report by Coldwell Banker Warburg, where activity dipped on the back of economic uncertainty.