2020 Housing Data in Review: How Housing Went from Solid, to Stuck, to Soaring in 12 Months
The global pandemic weighed heavy on 2020, but the for-sale residential real estate market was a source of optimism and opportunity for many.
Market Trends
November New Home Sales: Relatively Weak, but Context is Everything
Compared to recent levels, an annualized pace of 841,000 sales is relatively weak. But November new home sales were higher than in any single month in 2019.
November Existing Home Sales: Enduring Strength Headed into 2021
The pace of existing home sales may have cooled in November from October’s red-hot pace, but the housing market remains strong headed into 2021.
Bold 2021 Predictions: A Stronger Housing Market Across the Board
The for-sale housing market showed incredible strength in 2020, and we expect 2021 will be even stronger.
2020 Was a Surprisingly Strong Year for Housing. Here’s Why 2021 Will be Stronger.
2021 is on pace to be the strongest year for the housing market since 2005, riding a wave of strong and sustainable fundamentals.
The stage is set for an expected takeoff in sales, continued recovery in the rental market and another 10% growth in home values in 2021.
Mortgage Rates Stay Flat but Movement May Be on the Way
Mortgage rates stayed flat this week, as investor's wait on a new relief package.
Mortgage Rates Continue to Fall as Signs Say They Probably Should Rise
Mortgage rates fell again this week, continuing to withstand upward pressure imposed by financial markets.
After Years of Decline, Household Formation Rates Were Improving Pre-Pandemic. Now What?
There would be some 5.7 million additional households today if Americans formed households at the same rate they did in 2006.
Working From Home Could More Widely Benefit Black Renters Seeking Homeownership
Black renters are 29% more likely than other renters to potentially be able to move and buy a first home because of the rise in telework.
