A look at the big picture shows there wasn’t a huge slowdown among home buyers during the time we were told to stay home because of COVID-19. The only reason home sales were down at all during that period is because fewer homeowners decided to sell. Homebuyers have been out looking and are not easily deterred.
The graph shows the average number of showings homes on the market in St. Paul had. The number of showings has been pretty steady.
In a week I’ll have September home sales numbers. September has been a great month for home sellers.