Zillow Market Pulse: July 24, 2020
Sales of new homes rose strongly to exceed pre-pandemic levels while another 2.3 million jobless claims were filed with the expiration of crucial assistance programs looming.
Zillow Weekly Market Report: Data Through July 18, 2020
More homes went under contract last week than the week prior, and the housing market kept up its blistering pace.
June New Home Sales: Remarkably Resilient
June new home sales were up 13.8% from May and 6.9% from June 2019, to 776,000 (SAAR), according to the U.S. Census Bureau.
Renter Households Stand to be Hardest-Hit by Unemployment Insurance Expiration
Renter households will be hardest hit by expiring unemployment insurance while Black households likely to shoulder disproportionate burden
Zillow Market Pulse: July 22, 2020
Existing home sales finally show the fruits of strong housing market performance as they rise in the largest one-month increase in the series’ history.
Mortgage Rates Fall Further as Investors Watch Coronavirus Cases Rise
Mortgage rates fell further this week, reaching new lows as markets wait for signs as coronavirus cases rise.
June Existing Home Sales: Making Up For Lost Time
June existing home sales rose 20.7% from May to 4.72 million (SAAR), according to the National Association of Realtors, the largest ever one-month increase in the series' history.
Zillow Market Pulse: July 20, 2020
Surging coronavirus case volumes are dampening consumer optimism, which turned down in July, erasing two months of improvements
Home Shoppers are Trending Toward Buying Sight-Unseen, Selling Virtually
Home shoppers are more likely to try to buying and selling a home completely online as they adopt digital tools to adapt to the coronavirus outbreak
June Housing Starts: A True Bright Spot
June housing starts rose 17.3% from May, to 1,186,000 (SAAR), and were down 4 percent from a year ago, according to the U.S. Census Bureau.
