... the month of March in 13 years. "Inventory is definitely gating demand," says Glenn Kelman, chief executive of real estate brokerage Redfin. Monday's report showed that sales were still 10.3% above last year's levels on a seasonally adjusted basis, ...
http://blogs.wsj.com/developments/2013/04/22/why-home-sales-stalled-in-march/
http://blogs.wsj.com/developments/2013/04/22/why-home-sales-stalled-in-march/