June 2020 Foot Traffic Report
Home showings in June 2020 showed a strong rebound from the level in May.
June 2020 Foot Traffic Report
Category: real estate market
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Commercial Market Still Weakened by Coronavirus Impact as of June 2020
Commercial Market Still Weak as of June 2020
The commercial real estate sector continues to struggle as a result of the coronavirus pandemic.
Commercial & Investment Real Estate
1.3 Million New Unemployment Claims While People Receiving Benefits Eased to 18 Million
People Receiving Benefits Eased to 18 Million
In the week ending July 4, new unemployment claims decreased to 1.3 million, a decrease of 99,000 from the previous week’s revised level.
How Has the Pandemic Changed the Movement of People Across the Country?
The Pandemic and Changes to Relocation
Mobility typically brings economic development and, subsequently, a faster recovery in the local economy from the recent shutdown orders.
Price-to-Rent Ratios by State from 2014-2019
Price-to-Rent Ratios by State from 2014-2019
In considering where to move, potential home owners and renters have to keep their fingers on the pulse of home price and rent growth.
Homeowners Struggling to Pay Bills in the Coronavirus Crisis
Homeowners Struggling to Pay Bills in the Coronavirus…
Coronavirus has people struggling to pay bills: 12% of homeowners did not pay on time their mortgage last month, according to the U.S. Census.
Continuous Improvements in the Job Market; Fewer Than 1.5 Million New Unemployment Claims
Continuous Improvements in the Job Market
With significant improvements in the job market, employment grew by 4.8 million new jobs in June.
Instant Reaction: Jobs, July 2, 2020
Instant Reaction: Jobs, July 2, 2020
The near 5 million job additions in a single month in June is off-the-chart the best ever by a wide margin.
May 2020 Pending Home Sales
May 2020 Pending Home Sales
May’s pending home sales pace rose 44.3% last month and fell 5.1% from a year ago.
May 2020 Existing Home Sales
May 2020 Existing Home Sales
Existing-home sales data showing that housing market activity this May fell 9.7% from April 2020, and dropped 26.6 % from May 2019.