HouseCanary market pulse shows homeowners real-time analytics going into the new year. They provide homeowners with the insight of how COVID-19 has affected the housing market along with data of home sales rising within the new year. Such articles that HouseCanary provides for buyers and sellers, this is a great resource to give homeowners the confidence they need when getting into the housing market.
“December closed out a remarkable year in the national housing market. Following the precipitous onset of COVID-19 and a freezing of activity, the housing market soon saw the return of home sales and renewed confidence among buyers and sellers alike. Across the country, demand remained profoundly high even as shrinking inventory levels outpaced cyclical norms.”“2020 came to a conclusion with a strong seller's market prevailing above cyclical norms. A notable supply shortage continues to characterize market dynamics as buyer demand ceases to slow down, closing December with contract volume nearly 20% above the level witnessed in 2019.”
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