Summary Miami’s real estate market is showing signs of recovery from April’s sales slump Pending sales surged by 86% and new listings grew by 57.4%, bringing inventory levels slightly lower than last month’s. Total sales closed declined by 8.3% but numbers are expected to recover as pending sales are finalized Median property prices dropped slightly […]
Summary The average sold price of detached homes in the Greater Toronto Area increased by 5% in May from April but decreased 0.9% year-over-year (YoY) Sales of detached homes have decreased 50.6% YoY, but increased 52% in May from April Increases in the number of new listings and detached home sales, as well as rises […]
Summary Calgary’s real estate market is showing signs of recovery as COVID fears start to ease for both buyers and sellers. Total residential property sales and listings in May have rallied a remarkable 89% and 70% respectively from April’s record lows. Despite gains in May, the market has not yet completely recovered: May sales have […]
The Greater Seattle Area has experienced one of the largest COVID-19 real estate market slow-downs in the US. Under contract listings reached their lowest-point on April 2, down 49% from pre-COVID levels. As of May 5, that number had increased by 56% from April 29 levels, which was 7% above pre-COVID levels. Median prices were […]
Southern California has experienced one of the largest COVID-19 real estate market slow-downs in the US. Sales of existing, single-family homes in April dropped 37.4% YoY. Median prices were mostly unchanged or became slightly higher in April compared to the same period last year. Realtors have begun adjusting the new COVID reality by figuring out […]
San Francisco’s Bay Area has experienced one of the largest COVID-19 real estate market slow-downs in the US. Sales of existing, single-family homes in April dropped 37.4% YoY. Median prices were mostly unchanged or became slightly higher in April compared to the same period last year. Realtors have begun adjusting the new COVID reality by […]
COVID-19 forced up to 10% drop in Median Sale Price of Detached Homes in Greater Vancouver, according to a new data report by Roomvu and UBC Economist, Tom Davidoff Vancouver, BC, Canada – May 27, 2020 — The current COVID-19 COVID-19 hit Greater Vancouver’s real estate market hard, with sales activity virtually disappearing overnight starting […]
New York has experienced one of the largest COVID-19 real estate market slow-downs in the US. Under contract listings reached their lowest-point on April 12, down 49% from pre-COVID levels. As of May 5, that number had increased by 30% from April 12 levels, but was still 29% below pre-COVID levels. Median prices were mostly […]
