2020 Ended With Exceptionally High Demand From Homebuyers, According to Latest HouseCanary Report
Summary
SAN FRANCISCO--(BUSINESS WIRE)--HouseCanary, Inc. (“HouseCanary”), a leading provider of residential real estate data and home valuations, today released its latest Market Pulse report, covering 22 listing-derived metrics and comparing data between the week ending March 13, 2020 through the end of December versus the same period in 2019. Jeremy Sicklick, Co-founder and Chief Executive Officer of HouseCanary, commented: “ December closed out a remarkable year in the national housing market. Following the precipitous onset of COVID-19, which initially rocked every sector, the housing market soon saw the return of home sales activity and renewed confidence among buyers and sellers alike. Across the country, demand remained profoundly high even as shrinking inventory levels outpaced cyclical norms. As we enter 2021, several policy and regulatory changes may take hold and significantly impact the housing landscape following the outcome of the Georgia Senate runoff elections and the transition of the Presidency.