Spring is usually prime home shopping season. But this year, sellers are reluctant to put their homes on the market. New listings for homes have fallen significantly, according to new data released by Zillow.
New York Spring is usually prime home shopping season. But this year, sellers are reluctant to put their homes on the market.
New listings for homes have fallen significantly, according to new data released by Zillow Thursday. The number of newly listed homes during the first week of April was down 27% compared to the same time a year ago, Zillow's analysis found. The drop is especially pronounced in cities that have been hard hit by coronavirus: new listings as of April 5 were down nearly 57% year-over-year in New York City, the epicenter of the US outbreak.
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