KC Housing Listings Drop Dramatically

Much as they have nationwide, home listings in the Kansas City area have dropped dramatically due to the COVID-19 outbreak.

A report by Realtor.com says that home listings in the metro have dropped by 24.6 percent. That makes places it at number 13 in a list of major markets across the nation.

It lies between the Portland, Ore., area, which is at a 26.3-percent drop and Washington, D.C.’s metro, at 24.4 percent. 

 “The U.S. housing market had a good start to the year. Despite still-limited homes for sale, buyers were buying and builders were building,” said Realtor.com Chief Economist Danielle Hale, in a press release. “The pandemic and virus-fighting measures appear to be disrupting that initial momentum as both buyers and sellers adopt a more cautious posture.”