Homes Sell in Two Weeks as U.S. Spring Buyers Face Low Inventory

Homes Sell in Two Weeks as U.S. Spring Buyers Face Low Inventory

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A plunge in U.S. home listings to a 12-year low is driving up prices and preventing transactions from returning to historically normal levels. Many potential sellers are holding off until values rise more, while investors are snatching up distressed properties before they reach the market.