I have been publishing this every Tuesday. This chart shows the trends for buyer showings. Buyers are still looking and they are still buying. There were 75% fewer showings last week than there were during the same week in 2019.
The trend line shows that there were more showings last week than there were the week before. Pending home sales remain strong probably because there are still more home buyers than there are homes for sale.
Tomorrow I’ll have some numbers for March home sales. Since there is a lag between the time an offer is made and a home sale actually closes I don’t expect too many surprises.