More than $1.8 trillion in combined reconstruction cost value are at risk of storm surge and possible mandatory evacuation.
The National Association of Realtors is reporting this week U.S. pending home sales decreased in April 2020, making two straight months of declines caused by the Coronavirus outbreak. Every major region experienced a drop in month-over-month contract activity.
The price fall in mass residential is milder than that of office and retail during the market downturn.
According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending May 22, 2020, U.S. mortgage applications increased 2.7 percent from one week earlier.
California home sales dropped sharply in April 2020 from both the previous month and year as the housing market began to feel the full impact of the coronavirus outbreak and the state's stay-at-home order.
Home rental prices slowed more than they had in at least five years when the coronavirus pandemic hit. But the for-sale market continues to heat up after a slower early April.
According to JLL's latest Property Market Monitor, while Hong Kong's COVID-19 outbreak was showing signs of stabilization towards the end of April, office-leasing demand remained relatively weak. New lettings contracted by 14% month-over-month.
Property broker Redfin is reporting this week that the number of newly built homes on the market fell just 10.5% year over year in April, the smallest decline in 2020 to date.
In a new COVID-19 world we now find ourselves all living in, this Memorial Day weekend has become the unofficial start of 2020's new "homecation" season.
After suffering the greatest performance declines in the history of the U.S. lodging industry during 2020, the nation's hotels will benefit from what is expected to be a relatively rapid economic turnaround in 2021 and 2022.
1.07 million refinance mortgages secured by residential property (1 to 4 units) were originated in the first quarter of 2020 in the United States. That figure was down 16% from Q4 2019.
Existing-home sales dropped in April 2020, continuing what is now a two-month skid in sales brought on by the coronavirus pandemic.
The average sales price of a home (condominium, cooperative, and one-to-three family home) in New York City in Q1 2020 was $1.01 million, which remains flat year-over-year.
According to new data this week from The American Institute of Architects (AIA), demand for design services in April 2020 saw its steepest decline on record.
The Orlando Regional Realtors Association is reporting this week that Orlando's housing market in April 2020 saw its median home price increase 12%
In a sign of the growing economic toll from the coronavirus pandemic, total housing starts decreased 30.2 percent in April 2020 to a seasonally adjusted annual rate of 891,000 units.
U.S. builder confidence in the market for newly-built single-family homes increased seven points to 37 in May 2020. The rise follows the largest single monthly decline in the history of the index in April 2020.
The total number of loans now in forbearance increased from 7.91% of servicers' portfolio volume in the prior week to 8.16% as of May 10, 2020. 4.1 million homeowners are now in forbearance plans.
Miami-Dade County total home sales and prices increased year-over-year in 1Q 2020. Miami total home sales increased 6.8% year-over-year, from 5,659 to 6,042.