Which method is suggested for presenting data on the percentage of homes currently listed for sale?

The suggestion to use a pie chart for presenting data on the percentage of homes currently listed for sale is rooted in the nature of the information being communicated. A pie chart is particularly effective for illustrating proportional relationships, as it visually represents parts of a whole. In this case, each segment of the pie would correspond to a specific percentage of homes that are for sale compared to the total number of homes.

This method enables viewers to quickly grasp how the available inventory compares to other categories, such as homes sold or homes under contract, by showing relative sizes of each category. This visual representation aids in making immediate comparisons and understanding the market dynamics at a glance.

In contrast, a bar graph or histogram would be more suitable for displaying frequency or count data across different categories, while a line chart is typically used for showing trends over time. Therefore, for showcasing percentage data specifically, a pie chart is the most intuitive and effective choice.