Last week Realtor.com launched their new Housing Market Recovery Index, which tracks the progress of the housing market during and after the coronavirus pandemic.
The Index will be updated weekly through at least the end of 2020, taking into account housing demand, home prices, housing supply, and pace of sales.
“Markets where new supply is improving the fastest tend to be higher priced than those that have yet recovered, the report said, suggesting sellers are becoming more confident and active in the more expensive markets.”