Based on new data from Redfin, mortgage-rate locks for second homes in the U.S. were down 47% from pre-pandemic levels on a seasonally adjusted basis in August, compared to a 33% decline for primary homes.
According to AAA booking data, international trips are on the rise this year. International travel is up more than 200% compared to 2022. Hotel bookings are seeing the biggest jump, up more than 300% over last year.
Based on new projections by AAA booking data for flights, hotels, rental cars, and cruises shows Labor Day weekend travel in 2023 is up over last year: domestic bookings are up 4% and international bookings are up 44%.
With summer vacation season winding down in August, the national average for a gallon of gas awoke from a months-long slumber, surging 13 cents in the last week of July to $3.71, says AAA.
Based on AAA projects, over 50.7 million Americans will travel 50 miles or more from home this Independence Day weekend, setting a new record for the holiday.
Posted on June 29, 2022
Posted on December 24, 2021