Housing inventory

With the economy and job market both healthy before the COVID-19 crisis, first-time homebuyers took advantage of low mortgage rates and hit their highest volume in two decades.

Homebuilder sentiment fell to a four-month low in March as expectations of future sales dimmed amid a virus outbreak that threatens to dent activity across the industry and cause a recession.

The real estate market appears to be recovering in Monroe County, Pa., as home values are up and days on market are down.

To help the housing crunch, a growing consensus of economists believe adding homes on lots where one already exists would benefit affordability and incrementally boost supply, according to Zillow.

Even as concern over the rapid spread of the novel coronavirus mounts, the most recent data on area home sales from the Northwest Multiple Listing Service shows the market for Seattle-area residential realty remains hot.

Single-family home sales in the Rockford, Ill., region rose last year to heights not seen in more than a decade and climbed even higher in January, according to the Rockford Area Association of Realtors.

For the fifth consecutive year, the Texas housing market broke records in terms of the number of homes sold and median prices, according to the 2019 Texas Real Estate Year in Review report issued by Texas Realtors.

The Spokane County, Wash., median home price continued to rise, but sales held steady in February, according to the Spokane Association of Realtors.

New Zealand's property market is heating up again and a fresh round of interest-rate cuts in response to the coronavirus could give it another shot in the arm.

Above-average snowfall and rising concerns about the coronavirus didn't put a damper on local home sales last month, according to the Denver Metro Association of Realtors.