There was a decrease in nationwide foot traffic on a month-to-month basis, but home showings were up 24% year-over-year.
Mortgage rates started the new year with a new record low. The 30-year fixed mortgage rate dropped this week to 2.65% from 2.67% the previous week, although the 10-year Treasury yield is moving upwards.
2020 was a year that saw a pandemic end the longest U.S. economic expansion in history and sent other economies into an economic downturn.
On an unadjusted basis, new jobless claims dropped by 4% to 841,111. However, the number of claims remains well above pre-pandemic levels.
While the holiday spirit may warm hearts, the cooler temperatures create colder homes. Because of this, homebuyers must consider a variety of different environmental factors when deciding which home to purchase, in hopes to minimize the cost of comfort.
The coronavirus pandemic has had a more acute impact on businesses providing accommodation services (hotels, motels, bed and breakfasts) compared to all industries broadly.
This report presents key results about market transactions from the November 2020 REALTORS® Confidence Index survey.
The GDP rose 33.4% in Q3 of 2020; housing and consumer spending are driving the recovery.
The new November 2020 NAR SentriLock Home Showings report indicates that there was a decrease in nationwide foot traffic on a month-over-month basis. Nationally, Sentrilock home showings were up 16% year-over-year.
The number of Americans applying for a new jobless claim rose again last week to 885,000, the highest weekly total since September.
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