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Philly-area home buyers will likely have more choices this spring, but competition will stay fierce

Housing has been a bright spot in a pandemic-battered economy, but a low supply of homes continues to hold back the market. More homes are expected to be listed this spring, but it won't be enough.

In this 2018 file photo, a for sale sign stands in front of a house in Jenkintown. A lack of supply of homes for sale is holding back the housing market, which has been a bright spot in a pandemic-battered economy.
In this 2018 file photo, a for sale sign stands in front of a house in Jenkintown. A lack of supply of homes for sale is holding back the housing market, which has been a bright spot in a pandemic-battered economy.Read moreMatt Rourke / AP