Realtor.com COVID-19 Housing Market Update – April 24th

To keep up with the rapid changes COVID-19 is having on the economy and housing market, the realtor.com® economics team provides a weekly video update on the relevant real estate and economic information you need to know to navigate the housing market in these challenging times.

This week, Chief Economist Danielle Hale talks through the impact of COVID-19 on both existing home sales and new home sales data for March. She also discusses labor market indicators including the latest weekly jobless claim data and what we are looking to find out from next week’s jobs report.

Danielle provides highlights from the team’s Weekly Housing Trends View report which shows that new listings declines are slowing as well as Director of Economic Research Javier Vivas’s work on the correlation of COVID-19 cases with fewer new home listings.

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