Homeowners in U.S. hold back on selling as buyers get pickier

THE NUMBER of new U.S. home listings fell 2.3% in June from a year earlier. / BLOOMBERG NEWS FILE PHOTO/SCOTT MCINTYRE
THE NUMBER of new U.S. home listings fell 2.3% in June from a year earlier. / BLOOMBERG NEWS FILE PHOTO/SCOTT MCINTYRE
BOSTON – United States homeowners are getting increasingly reluctant to sell in a market where buyers are demanding price cuts. The number of new listings fell 2.3% in June from a year earlier, according to a report Tuesday by Realtor.com. But because properties are sitting on the market longer, the overall supply was up 2.8%.…

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