More Markets See More Homes Listed for Sale

More homes being listed for sale expand buyers' choices and may help to moderate price increases.

from USA TODAY | by Julie Schmit | August 13, 2013

More homes are coming on the market, which is a good sign for buyers. 

In July, the inventory of homes for sale nationwide was only down 5.2% from a year ago, Realtor.com says. 

That's an improvement from January, when for sale inventories were down 16% from the year before, according to Realtor.com. 

More markets are also seeing inventories grow. 

The for-sale inventory was up year-over-year in 25 markets in July, compared to just seven in April, Realtor.com says. 

Three of those were Riverside, Calif., where inventories were up 26% year over year; Atlanta, up almost 18%; and Sacramento, Calif., up almost 17%. 

All three cities have seen rapid price appreciation in the past year, in part because of super tight inventories.

To read the rest of the story at USA TODAY click here.