As the result of a Local Employment Dynamics Webinar held
earlier this year, the Census Bureau has paired up with Zillow, using their
combined data to show some of the impact of the pandemic on housing market
trends.
Census Bureau analyst Earlene K.P. Dowell wrote of the results in an
article published on the Bureau’s website. Dowell says that the housing
market came to a screeching halt in March 2020, when much of the nation shut
down in response to the COVID-19 pandemic. But, by summer the rebound, once
many lockdown measures were lifted, was “big and fast and revealed new
homebuying patterns.” Americans had quickly adapted to the remote workstyle and
began buying homes outside of some cities and traditional job centers. This isn’t
exactly breaking news, but the report has some interesting details.

 

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