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New listings of U.S. homes for sale went up 2.5 percent annually, according to a new report by real estate brokerage Redfin published on June 26.
However, the increase in listings was the “smallest increase in five months,” and on a local level, new listings are falling in 20 of the 50 most populous U.S. metro areas, said Redfin, indicating a momentum pullback in the housing market.
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