Americans Are Split Over Coronavirus’ Impact on the Housing Market
40% of Americans expect the coronavirus to hurt the housing market, while 50% anticipate no impact.
As a data journalist, Lily is passionate about helping readers understand complex facets of the housing market. She is particularly interested in the issues of climate change, race and gender equality and housing affordability. Prior to working at Redfin, Lily spent four years as a reporter at Bloomberg News in New York City.
40% of Americans expect the coronavirus to hurt the housing market, while 50% anticipate no impact.
Redfin surveyed Americans to determine who’s working from home most often amid the coronavirus, broken down by by location, occupation, income and age.
For 25% of Americans, telecommuting increases after a move.
Almost three-quarters of people say an increase in the frequency or intensity of natural disasters at least somewhat factors into their decision about where and whether to buy or sell a home.
Homebuyers pay nearly a quarter more for walkable homes, but that’s less than in the past.
New-home sales rose 8.8% year over year in the fourth quarter, the biggest gain in more than two years
40% of Americans expect the coronavirus to hurt the housing market, while 50% anticipate no impact.
Redfin surveyed Americans to determine who’s working from home most often amid the coronavirus, broken down by by location, occupation, income and age.
For 25% of Americans, telecommuting increases after a move.
Almost three-quarters of people say an increase in the frequency or intensity of natural disasters at least somewhat factors into their decision about where and whether to buy or sell a home.
Homebuyers pay nearly a quarter more for walkable homes, but that’s less than in the past.
New-home sales rose 8.8% year over year in the fourth quarter, the biggest gain in more than two years