Housing inventory in a significant number of major metropolitan areas hit levels higher than they were before the COVID-19 pandemic, according to a new report from Realtor.com.
The real estate marketplace said nearly half of America’s 50 largest metros had real estate markets whose number of active listings as of May had surpassed pre-pandemic levels.
The ten metro areas that had the largest jumps in active inventory from their averages in 2017-2019 all posted double-digit percentage increases, according to Realtor.com.
Eight states had representation among the ten areas that Realtor.com identified as having the “most dramatic improvement in active inventory,” with Texas claiming three spots within the top-five.
Denver, Colorado According to Realtor.com, nearly half of America’s 50 largest metros had real estate markets with more active listings as of May than they did pre-pandemic. Tricia – stock.adobe.com Denver was the metro with the largest increase in active housing inventory, with a 100% jump. Kevin