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Chart of home salesSoftening demand is keeping U.S. homes on the market longer and homeowners appear to be thinking twice about listing their properties, according to data firm Zillow’s Real Estate Market Report for March.

The median time on the market rose by four days in February from a year earlier — the first increase in four years — resulting in a 1.2% rise in March inventories. New listings dropped 6.1 percent.

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