Numbers Show a Resilient Residential Market

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Data from FMLS and ShowingTime shows a resilient residential market with both Closed and Pending (under contract and set to close) listings up over the same period last year:

  • FMLS reported 5,701 Closed listings for the two weeks ending June 13, 2020, 1.42% above 2019 for the same two-week period. There were 6,084 Pending listings for the two weeks ending June 13, 2020, 2.41% above 2019 for the same two-week period.

  • ShowingTime reported a +12.8% increase in showings as of June 15th, 2020, up 14% from this year's pre-pandemic peak and +6.3% over the same time last year.

  • As of today, Bankrate.com shows the benchmark 30 year fixed conventional loans at 3.4%.