This article was just published yesterday by ShowingTime and the chart below is updated daily.
In recent days, 2020 showing activity has fallen off from the same period in 2019 as the impact of COVID-19 continues to grow.
Through mid-March, year-over-year showing activity has been higher nationwide compared to 2019. The current dip could mean a slowdown in home sales, or a more balanced market, with the lower number of buyers resulting in more opportunity for those in the market to buy homes, especially with lower mortgage rates now available.
Impact of COVID-19 to Real Estate Showings in North America
The data points represent a rolling weekly average in ShowingTime’s 100 top markets, with each market recording tens of thousands of appointments in 2019 and 2020.
ShowingTime is the leading market stats and showing management technology provider to the residential real estate industry.