6/16/2020
Homebuying Demand Just Keeps Getting Stronger
It seems that nothing can deter homebuyers. Seasonally adjusted demand for the week of June 1 – June 7 is now 25% higher than it was pre-pandemic in January and February, marking the eighth straight week of rising demand.
Our abiding concern in May was about the number of homes for sale, but that’s improving too. After falling to 21% below last year’s level the week of May 25 – 31, new listings last week continued their recovery; last week’s new listings were 15% below last year’s level.
See Latest Coronavirus Housing Market News
https://www.redfin.com/blog/home-buying-demand-gets-stronger-amid-pandemic/
2/11
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