Zillow Market Pulse: June 26, 2020
On the surface, the rebound in consumer spending looks spectacular; it's not. And after a brief period of decline, forbearance is back up.
News
Zillow Weekly Market Report: Data Through June 20, 2020
For-sale inventory took a step back last week as the rate of new home listings slowed. Despite limited inventory, newly pending sales rose once again.
Zillow Market Pulse: June 25, 2020
New jobless claims have leveled off, but at a very high level. And lower-income households are bearing the brunt of the historically bad labor market
Zillow Market Pulse: June 24, 2020
For the first time in six weeks, purchase mortgage applications fell from the week prior. And the consumer outlook in new coronavirus hot spots is souring.
Zillow Market Pulse: June 23, 2020
New home sales are up, and renters are largely keeping up with their rent. But rising debt levels are leaving many households vulnerable to income shocks.
May New Home Sales: Poised for Continued Improvement
May new home sales were up 16.6% from April and 12.7% from May 2019, to 676,000 (SAAR), according to the U.S. Census Bureau.
Zillow Market Pulse: June 22, 2020
The slide in May home sales is better than it looks. Signals are mixed around the long-term health of the mortgage market, but the economy is doing better.
Zillow Market Pulse: June 18, 2020
Another week, another couple million unemployment claims. And more than 100 million consumer loans are enrolled in some kind of relief program.
Zillow Market Pulse: June 17, 2020
Construction activity is starting to slowly come back, while mortgage applications continue to soar. And spending declines may be driven by the wealthy.
Zillow Market Pulse: June 16, 2020
Retail sales had a record bounce-back in May -- and still remain down from pre-coronavirus levels. And homebuilder confidence is back.
