Coronavirus 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.
Home-buying Demand Surges on Record-Low Mortgage Rates; Up 17% From Pre-Coronavirus Levels
Adam Wiener, Chief Growth Officer of Redfin, gives his weekly update about the impact of the coronavirus on housing.
Newly Built Homes Make Up Largest Share of Market Since at Least 2012
The number of new construction homes on the market fell just 10.5% year over year in April, the smallest decline in 2020 to date, while the supply of existing homes plunged 24%.
41% of Redfin Offers Faced Bidding Wars in Late April, Early May Amid Coronavirus Pandemic
The coronavirus pandemic has contributed to a severe shortfall in housing supply, which has led to a significant bidding-war rate.
Post-Pandemic Migration from Expensive Cities Likely As 1 in 4 Newly Remote Employees Expect Work-From-Home to Continue
The sudden shift to remote work, brought on by the coronavirus shutdowns will accelerate a major migration away from expensive coastal cities.
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.
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.
Home-buying Demand Surges on Record-Low Mortgage Rates; Up 17% From Pre-Coronavirus Levels
Adam Wiener, Chief Growth Officer of Redfin, gives his weekly update about the impact of the coronavirus on housing.
Newly Built Homes Make Up Largest Share of Market Since at Least 2012
The number of new construction homes on the market fell just 10.5% year over year in April, the smallest decline in 2020 to date, while the supply of existing homes plunged 24%.
41% of Redfin Offers Faced Bidding Wars in Late April, Early May Amid Coronavirus Pandemic
The coronavirus pandemic has contributed to a severe shortfall in housing supply, which has led to a significant bidding-war rate.
Post-Pandemic Migration from Expensive Cities Likely As 1 in 4 Newly Remote Employees Expect Work-From-Home to Continue
The sudden shift to remote work, brought on by the coronavirus shutdowns will accelerate a major migration away from expensive coastal cities.
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.