Listings make biggest jump in 3 years, but …

According to data from realtor.com, new listings were up 12.8% for the week ending February 3 20024 compared with the same time period in 2023. This is the biggest jump in nearly three years.

And, while this is certainly good news for the overall housing market, it is important to put this in the proper context: listings ares till 40% lower than they were in the pre-pandemic years between 2017 and 2019.

Analysts worry that that continued low inventory will push prices up even higher asthe spring season approaches.

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