For-Sale Housing Market Update for September 2020
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Description
The upturn in the housing market that RCLCO identified in May of this year has continued with even greater strength through the summer, with August's total sales of new single-family homes up 43.2% year-over-year. However, while strong market demand is being driven by low interest rates, demographic shifts, and migration due to COVID-19, there are only 3.3 months of supply of new homes given the current sales pace, leading many to wonder if the market's strength is sustainable in the longer term. Join RCLCO's Gregg Logan for a video presentation exploring these trends and other factors impacting the housing market. Make sure to like and subscribe to stay up to date with the latest video content. You can also download the slides from this presentation at https://www.rclco.com/publication/for.... Interested in more presentation materials? RCLCO strategists are incredibly involved in the real estate industry and global community. Our leaders present their insights and ideas at conferences, webinars, and events year-round. Review the full content library at https://www.rclco.com/pub_cat/present....