Housing market is showing signs of a comeback

If you've thought about putting your home on the market, now may be a good time.

Data from the National Associate of Realtors shows contracts on home sales jumped 44% last month.

That's the highest single month spike since the group began tracking in 2001.

It comes after two months of steep declines.

Experts say pent up demand and continued low mortgage rates caused the jump.

It may be wise for home buyers to move quickly on finding a property and sealing the deal.

Some analysts believe available housing stock may not keep up with rising demand, which would push prices higher.