The number of homes available for sale in 18 U.S. major metropolitan areas declined an average of 1.2 percent in October.

The largest declines in home inventories in October were in the metro areas of Sacramento, Calif., where they fell 5.4 percent; San Diego, 5.6 percent; and San Francisco, 6.4 percent.

Inventories climbed 2.4 percent in Seattle and 3.7 percent in Miami.

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