Why are women more likely to buy homes, and how do their financials compare to single men buying homes? NAR Research takes a look at the answers.
NAR used estimates from the American Community Survey to provide a snapshot of housing in America in 2020.
The unemployment rate continued to plunge and is now at 4.2%, which is actually below March 2020 levels when the ugly COVID virus came to the country. This measurement should be taken with a grain of salt, however, since only those searching for a job are counted.
The industrial sector is on pace for a historical year despite the supply chain issues that had an impact on the shipping of goods.
The pending home sales pace in October 2021 increased 7.5% last month but fell 1.4% from a year ago.
Mortgage rates remained relatively flat this week, despite rising concerns of the omicron COVID variant, rising slightly to 3.11% from 3.10% the previous week. These low mortgage rates continue to offer favorable conditions to homebuyers and homeowners who want to refinance.
This data visualization shows year-over-year percent change in retail sales by month, retail type, and state for the period January 2019 to August 2021.
Housing market activity in October fell 0.8% from September 2021, with existing-home sales reaching a 6.34 million seasonally adjusted annual rate.
After office occupancy rose by 6 million square feet during 2021 Q3, occupancy fell anew by 2 million square feet as of November compared to 2021 Q3 bringing the total loss in office occupancy to 133 million square feet since 2020 Q2.
First-time buyers continue to struggle to compete with cash and non-primary residence buyers, according to the October 2021 REALTORS® Confidence Index report.
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