Transactions will fall by up to 60% this spring then steadily tick back up, with a rebound by the end of 2021, according to most likely scenario forecast by Zillow

Government assistance appears to be crucial to keeping many from falling into housing insecurity

The median list price of homes on the market in the U.S. is slightly higher than a year ago

Zillow web traffic on for-sale listings and requests to connect with Premier Agents have ticked up recently after slowing in the early days of the U.S. coronavirus pandemic in mid-March

Despite the drop in new listings, total inventory is up as activity has slowed and few homes are being removed from the market

According to a recent NAR study, a majority of Americans believe that homeownership is good for our nation’s communities.  

Transactions will fall by up to 60% this spring then steadily tick back up, with a rebound by the end of 2021, according to most likely scenario forecast by Zillow