Mortgage rates started the new year with a new record low. The 30-year fixed mortgage rate dropped this week to 2.65% from 2.67% the previous week, although the 10-year Treasury yield is moving upwards.

2020 was a year that saw a pandemic end the longest U.S. economic expansion in history and sent other economies into an economic downturn.

On an unadjusted basis, new jobless claims dropped by 4% to 841,111. However, the number of claims remains well above pre-pandemic levels.

November’s pending home sales pace declined 2.6% last month but rose 16.4% from a year ago.

While the holiday spirit may warm hearts, the cooler temperatures create colder homes. Because of this, homebuyers must consider a variety of different environmental factors when deciding which home to purchase, in hopes to minimize the cost of comfort.

The coronavirus pandemic has had a more acute impact on businesses providing accommodation services (hotels, motels, bed and breakfasts) compared to all industries broadly.

Existing-home sales data showing that housing market activity this November decreased 2.5% from October 2020.

This report presents key results about market transactions from the November 2020 REALTORS® Confidence Index survey.

The GDP rose 33.4% in Q3 of 2020; housing and consumer spending are driving the recovery.

The new November 2020 NAR SentriLock Home Showings report indicates that there was a decrease in nationwide foot traffic on a month-over-month basis. Nationally, Sentrilock home showings were up 16% year-over-year.