The number of homes listed for sale declined in many metropolitan areas in January, a month when the supply normally increases.

The supply of homes available for sale in 29 major metropolitan areas at the end of January was down 2.5% from a month earlier, according to figures compiled by ZipRealty Inc., a real-estate brokerage firm based in Emeryville, Calif. The ZipRealty data cover all single-family homes, condominiums and town houses listed on local multiple-listing services in metro areas where the firm operates.

Wall Street Journal