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.
Source: Inman News
New listing volumes plunge 50-75% across the globe
Published in Analysis, Coronavirus, COVID-19, Data, Markets & Economy, mike delprete and Opinion
More from AnalysisMore posts in Analysis »
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- October brought the strongest buyer’s market in 12 years: Redfin
- The inventory surge is sputtering. See how your market stacks up
- Northeast sees strongest price gains in Q3 as median single-family home price hits $426,800
- Heard of a K-shaped economy? You’re living in it now
More from CoronavirusMore posts in Coronavirus »
- The internet fell hard for real estate in 2021. But can the love affair last?
- Los Angeles apartment owners sue over COVID rent freeze
- Demand for urban homes will be ‘muted’ for years: McKinsey
- Chris Heller: Brokerages and teams are playing chicken. Who will win?
- Will migration fizzle out in 2023? History points to existential shift
More from COVID-19More posts in COVID-19 »
More from DataMore posts in Data »
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- October brought the strongest buyer’s market in 12 years: Redfin
- The inventory surge is sputtering. See how your market stacks up
- New client leads, murky waters: October’s mixed bag for real estate
- What Zillow’s marketing genius can teach you about social media
More from Markets & EconomyMore posts in Markets & Economy »
- Dual licensing is on the rise. Is it the right move for your business?
- Change strategy as the market shifts to win the listings long game
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- Homebuyers came out in force last week, and rates are trending down
- October was another slow month for pending home sales
More from mike delpreteMore posts in mike delprete »
- KW’s Jason Abrams on the ‘paradox’ of artificial intelligence
- Zillow may be surrounded, but it’s not checkmate just yet
- Are commissions still falling? What Intel’s watching in weeks ahead
- Zillow begins sending warnings to brokers ahead of private listing ban
- Checkmate or alienate? Reactions mixed as firms align with Zillow
More from OpinionMore posts in Opinion »
- Why I’m still grateful to be a real estate professional
- What saved my life — and why our industry must choose compassion over judgment
- Private inventory: New competition rules that leave consumers behind
- The fallout from NAR’s big reversal: Take the Intel Index survey today
- Industry shocked as Realtors say no to referral-fee transparency
Be First to Comment