Home listings in St. Louis shrinking as national inventory grows

The number of homes for sale in the St. Louis area is continuing to decline, bucking a national trend of increased inventory, according to a new report from Realtor.com.

While national housing inventory grew by 4 percent year over year in March, the number of active listings in St. Louis saw a 19 percent year-over-year decrease. Right behind St. Louis is the Greater Washington area with a 14 percent drop, followed by Oklahoma City at 11 percent.

St. Louis also saw a 15 percent decrease in new…

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