Realtor.com monthly traffic hit an all-time high of 86 million unique users in June. As buyers flooded into the market, realtor.com’s monthly traffic hit an all-time high of 86 million unique users in June, breaking May’s record of 85 million unique users. The Housing Market Recovery Index reached 97.8 nationwide for the week ending July 4, posting the largest weekly increase since the index was introduced in June. “With supply at record lows , the backlog of demand portends increased competition and a seller’s market in the weeks ahead. The overall Housing Market Recovery Index is showing the greatest recovery in Boston, San Francisco, Denver, Philadelphia and Los Angeles, making each of those cities a seller’s market.

Source: Forbes July 09, 2020 02:37 UTC