Summary Although the San Francisco Bay Area has experienced one of the largest COVID-19 real estate market slowdowns in the US, June featured an array of positive market indicators There was a significant increase in home sales in June compared to May 2020 The median price of detached homes continues to increase year-over-year; mixed results […]
Summary Southern California’s real estate market experienced a major rebound in sales from May’s low-point, despite still falling short of 2019 numbers Overall sales of single-family homes increased by at least 40%, with apartment sales increasing by 60% Active inventory of single-family homes dropped year-over-year across all counties resulting from surging demand and fewer listings […]
Summary Sales of single-family homes and townhouses/condos increased dramatically in June by 62.3% and 65.5% respectively from May Increased housing demand has reduced available inventory to decade-low levels, which has pushed prices upwards Median sold prices of single-family homes and condos grew by 4.4% and 2.6% year-over-year respectively Larimer County posted impressive increases in the […]
Summary The average sold price of detached homes in the Greater Toronto Area (GTA) increased by 9.1% in June from May, rising 5.6% year-over-year (YoY) Sales of detached homes increased 5% YoY and 95% in June from May Increases in the number of new listings and detached home sales, as well as rises in sold […]
Summary Calgary’s real estate market continues trending towards recovery as sales and listings showed a strong month-over-month increase in June (62% and 38% respectively) New listings increased by 6.5% year-over-year, while sales dropped by 1.5% Despite the drop in sales in June, it was a dramatic improvement over April and May sales numbers, which were […]
Summary Southern California has experienced one of the largest COVID-19 real estate market slow-downs in the US. Sales of existing, single-family homes dropped 45.6% YoY in May Median prices were slightly higher in May compared to the same period last year The drop in sales coupled with increasing supply has resulted in increased inventory Sales […]
Summary: Total properties sold declined 4% YTD compared to 2019 New listings declined 25% YTD compared to 2019 Property prices have increased 10% YoY The economic impacts of the novel coronavirus have been acute and far-reaching. In Portland, the full effects of COVID-19 on the City of Roses’ real estate market are coming to light. […]
Summary The number of new listings increased 29.2 % in May from April suggesting sellers are returning to the market. Sold prices dropped between 3-4% in May from April. All counties experienced a drop in sales in May 2020 versus May 2019; but sales increased in all but King County from April to May 2020. […]
Summary Calgary’s real estate market is showing signs of recovery as COVID fears start to ease for both buyers and sellers. Total residential property sales and listings in May have rallied a remarkable 89% and 70% respectively from April’s record lows. Despite gains in May, the market has not yet completely recovered: May sales have […]
The Greater Seattle Area has experienced one of the largest COVID-19 real estate market slow-downs in the US. Under contract listings reached their lowest-point on April 2, down 49% from pre-COVID levels. As of May 5, that number had increased by 56% from April 29 levels, which was 7% above pre-COVID levels. Median prices were […]
