The following stories take a deeper look at trends affecting housing in recent days.
10 big issues to keep an eye on
With COVID-19 at the top of the list of issues affecting real estate, outstanding questions remain on the long-term impact of the health crisis on the real estate industry, from how we use space to whether or not entire industries will be wiped out or reimagined.
Job growth better than expected
June unemployment numbers saw a dramatic improvement to 11.1% overall, far lower than anticipated from adding roughly 4.8 million jobs! That blasted through expectations, with 40% of those jobs added coming in the Leisure and Hospitality sector.
Unemployment insurance claims drop
While hotel and retail industry mortgages are still suffering the impact of COVID-19, single family rental mortgages are performing much better in June than April.