Despite record low inventories, RE/MAX, Denver said June home sales posted a solid 37 percent gain as more states loosened stay-at-home mandates stemming from the coronavirus pandemic.
Tag: Home Sales
Home Sales Exceed Pre-Pandemic Levels for the First Time; Sentiment Grows for Buying Homes Sight-Unseen
Redfin, Seattle, said home sales surpassed pre-pandemic levels for the first time the week ending July 5, up 2% on a seasonally adjusted basis compared to January and February levels.
Redfin: Housing Market Shows Signs of Rebounding from Coronavirus Shutdowns
Redfin, Seattle, said the housing market showed some early signs of recovery in May as inventory of homes for sale and contracts to buy homes both increased dramatically from April levels.
Analysts: Missing Spring Home Sales to Disperse over ‘Years’
When the coronavirus pandemic turned the economy upside down, anxiety and uncertainty about the future initially kept many home buyers and sellers at bay. Inventory and sales have picked up over the past month, though, and a panel of housing experts and economists sponsored by Zillow, Seattle, say the U.S. housing market hasn’t lost those missing springtime transactions for good. But it could take years for a full recovery.
Housing Market Shows Early Signs of Recovery, Even Where COVID-19 Has Not Peaked
Redfin, Seattle, said new listings and home sales are seeing early signs of recovery in U.S. housing market, even as some cities struggle to flatten the coronavirus curve.
Homes Sold Above List Price Fall to 3-Year Low; Luxury Homes Pick Up
Zillow, Seattle, said the share of U.S. homes that sold for more than their list price in 2019 fell to 19.9%, the lowest annually since 2016.
MBA Chart of the Week: Home Sales and Inventory for Sale
This week’s chart highlights longer-term trends in home sales and inventory of homes on the market.
MBA Chart of the Week: Home Sales and Inventory for Sale
This week’s chart highlights longer-term trends in home sales and inventory of homes on the market.
MBA Chart of the Week: Home Sales and Inventory for Sale
This week’s chart highlights longer-term trends in home sales and inventory of homes on the market.
Redfin Forecast: ‘The Mother of All Inventory Crunches’
Despite a strong start to the 2020 housing market, Redfin, Seattle, said a deepening shortage of homes for sale and surging homebuyer demand are set to push prices up at the fastest rate in years.