National Real Estate News

• October 2020 NAR SentriLock Home Showings Report
  
  The new October 2020 NAR SentriLock Home Showings Report indicates that there was a slight decrease in nationwide foot traffic on a month-over-month basis, but showings activity remain at elevated levels with respect to year-over-year activity.
• Jobless Claims Rose Last Week While Total Claims Continued to Fall
  
  The unadjusted new jobless claims totaled 743,460 in the week ending November 14, an increase of 3% from the previous week.
• REALTORS® Confidence Index: October 2020 Highlights
  
  REALTORS® report “Covid and elections” as the major issues affecting transactions in October 2020.
• More Homebuyers Purchasing Property in the Suburbs, Small Towns, or Rural Areas
  
  NAR’s October REALTORS® Confidence Index Report indicates that there is a demographic shift from the cities to the suburbs, or to smaller counties, less dense counties.
• Weekly Retail Update: November 20, 2020
  
  Temporary retail store closures experienced earlier in the year have returned.
• October 2020 Existing Home Sales Climb to 6.85 Million
  
  Housing market activity this October increased 4.3% from September 2020, and sales of existing homes jumped 26.6% from October 2019.
• October 2020 Foot Traffic
  
  Home showings on homes with Sentrilock lockboxes increased in October compared to one year ago.
• Instant Reaction: Quarterly E-Commerce, November 19, 2020
  
  Seasonally adjusted estimates of the U.S. retail e-commerce sales for Q3 2020 decreased from the Q2 2020 estimate of $211.5 billion to $209.5 billion, which is a decline of 1%.
• Instant Reaction: Mortgage Rates, November 19, 2020
  
  Mortgage rates hit another record low this week for the thirteenth time this year.
• Existing-Home Sales Jump 4.3% to 6.85 Million in October
  

  Existing-home sales continued to trend upward in October, marking five consecutive months of month-over-month gains.

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