Home supply skyrockets, suggesting ‘sellers are much more optimistic’ (Inman Real Estate News)

Photo Courtesy of Inman Real Estate News

Photo Courtesy of Inman Real Estate News

The number of homes for sale in April leaped on annual basis, suggesting that sellers “are much more optimistic than a year ago,” according to a report issued by realtor.com today.

The number of listings in realtor.com’s database jumped 14.2 percent year over year last month. On a monthly basis, supply rose a seasonally unadjusted 8.6 percent, realtor.com reported.

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