Housing Market News
The Housing Market’s Road to Recovery in Four Charts
Four charts that highlight recent developments in the housing market as coronavirus continues to transform residential real estate.
Homebuyer Demand Outpaced Supply Mid-Pandemic, Leading to Lower Sales and Preventing Price Declines
The effects of the coronavirus pandemic and subsequent shutdowns hit the housing market in full force in April.
Charting the Coronavirus Pandemic's Latest Impact on the Housing Market
Here are seven charts that illustrate the latest developments in the housing market as coronavirus continues to transform residential real estate as we know it.
Charting the Trends in the Current Housing Market
Over the past four weeks, new home listings are down 45%. This decline in new listings has contributed to a 22% decline in home supply compared to last year.
Six Charts That Show the Latest Trends in the Housing Market
Home prices are holding up and demand is strengthening, but new listings continue to drop as the coronavirus outbreak takes a toll on the economy.
US Housing Market Reverses Course in March with Coronavirus Shutdowns
At the beginning of March, the housing market was stronger than ever and the U.S. economy was relatively stable. By the end of March everything had been thrown into extreme disarray.
Fewer Homes for Sale in September; Declining Number of Listings Holds Back Home Sales
New listings of homes for sale fell 9% from a year earlier and closed home sales were down 5%.
Home Sales Fell 6% in August, the First Annual Decline in 15 Months
However, home prices were up 16%, and new listings posted their first year-over-year decline since February, which could signal a tightening market.
July Marked 12 Straight Months of Double-Digit Price Increases
Still, housing market conditions improved slightly for homebuyers as competition eased off from the records set in June.
Home Sales Dipped 1.2% From May to June, the Largest Late-Spring Decline Since At Least 2012
Still, homes sold at their fastest pace and for their highest prices on record.
Over Half of Homes Sold Above List Price in May for the First Time On Record
Home prices were up 24%, a record high due to the dip in home prices at the start of the pandemic a year earlier.
Buyers in Indianapolis, Omaha and Seattle are Snapping Up Homes in 5 Days or Less
Homes in Portland, OR and Denver are also selling in a handful of days. In Austin, 74% sold above list price. Nationwide, almost half of