For-sale inventory rises in January

ZipRealty: Monthly spike ends 18-month decline

Home inventory increased month-to-month in January for the first time in 18 months, according to a report by national real estate brokerage ZipRealty.

The number of homes for sale increased 2.9 percent from December, an additional 15,818 homes, to a total of 567,265 single-family homes and condominiums listed in 27 metropolitan areas across the country. December saw 2009’s greatest fall in month-to-month inventory, 4.83 percent.