New listings hit a four-year high

There’s been an 8% jump in new listings across the US housing market—the highest since August 2022. While active listings are edging toward balanced territory, pending sales have dipped to a recent low. Even with a 2.2% rise in median price, affordability is still feeling the squeeze from mortgage rates at 6.66%. Keeping a close eye on these national shifts is key, especially if you’re navigating the Baltimore, Baltimore County, Harford County, Anne Arundel, or Howard real estate markets. My experience in these local areas means I’m always watching how broader trends could impact your home buying or selling decisions.