Realtor.com COVID-19 Housing Market Update - 07/03/20

Digitally/Electronically Shared Via https://www.linkedin.com/posts/realtor-com_covid-update-july-03-v1mp4-activity-6685921463448535040-22yM

Here is this week's economic update, with Danielle Hale, our Chief Economist. Danielle talks through the June jobs report and jobless claims, highlighting the good and bad news in the data. Read more: http://rltor.cm/gya6p

To keep up with the rapid changes COVID-19 is causing in the economy and housing market, the realtor.com® economics team provides a weekly blog and video update on the relevant real estate and economic information you need to know to navigate the housing market in these challenging times.

This week, Chief Economist Danielle Hale talks through the June jobs report and jobless claims, highlighting the good and bad news in the data. 

She covers highlights from Fed Chair Powell’s testimony before Congress on Coronavirus and the CARES Act.

Danielle also covers the news from housing indicators including pending home sales, mortgage applications, the realtor.com®  Housing Market Recovery Index, and the Weekly Housing Trends View. In general, because buyers outnumber sellers, homes are selling faster and prices are rising more, but some markets are doing better than others. 

For more real-time updates, follow the realtor.com economics team on twitter: @rdc_economics.

Have an economic question you want the team to answer? Leave a note in the comments below!

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