A new report found that the number of sales across China’s 30 largest cities reached 5,976 on March 31 — an enormous increase from a low of 22 on Feb. 8, when the country was at the height of the pandemic, and slightly higher than December’s pre-pandem… Continue reading
The Community Housing Investment Program (CHIP) said that only 10 percent of its landlords did not receive rent for the coming month. Continue reading
About 30 percent of survey respondents said they did not make a rent or mortgage payment in April and 20 percent said they made a partial payment, according to a poll by Alignable. Continue reading
As the pandemic and associated effect on the real estate market spreads, one of the best leading indicators of a decline in transaction volumes — new listings — has dropped an average of 63 percent in the earliest hit markets. Continue reading
In the wake of the COVID-19 pandemic and its effects on the market, home prices are expected to increase at half the rate prior to the outbreak according to forecasting by Veros Real Estate Solutions. Continue reading
Since sales typically represent contracts that were signed in the previous two months, CoreLogic expects the pandemic’s effects will start to show in the April data. Continue reading
Counties in the Northeast and Florida are at the greatest risk of taking the biggest hit to the housing market in the wake of the pandemic. Continue reading
Looking for a little clarity on this week’s economic and housing news? Windermere Chief Economist Matthew Gardner talks through the volatility of the jumbo mortgage market and what it means. Continue reading
Connect Now, Inman’s new virtual event, will take place June 2-4, 2020. Continue reading
Rents still increased in March, but the growth slowed at a time when rents would normally be rising more quickly. Continue reading