Realtor.com COVID-19 Housing Market Update – 04/17/20
To keep up with the rapid changes COVID-19 is having on the economy and housing market, the realtor.com economics team provides you this weekly video update on the 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 size and scope of the COVID-19 related disruption looking at labor market indicators including the unemployment rate and the latest weekly jobless claim data and their implications for consumer spending (https://www.census.gov/retail/marts/www/marts_current.pdf). She also discusses March construction data (https://www.census.gov/construction/nrc/pdf/newresconst.pdf) and builder confidence(http://eyeonhousing.org/2020/04/builder-confidence-posts-historic-decline/).
For more real-time updates, follow the realtor.com economics team on twitter: @rdc_economics.
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