The U.S. housing market is exhibiting promising signs of recovery, as evidenced by a significant increase in home listings in March 2024. According to data from Redfin, new listings surged by 15% during the four-week period ending March 17, 2024, marking the most substantial year-on-year increase since May 2023. Additionally, home prices have also witnessed a 6.7% uptick over the past year. Despite the lingering effects of the pandemic, the housing sector has demonstrated resilience, with market trends mirroring pre-pandemic patterns. Mortgage rates have stabilized after the fluctuations experienced during the pandemic peak, contributing to the revival of home price growth.