HouseCanary's Murphy on Post Covid Real Estate Trends

HouseCanary's Murphy on Post Covid Real Estate Trends

Assessment

Interactive Video

Business

University

Hard

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The video discusses the current state of the housing market, focusing on the sustained drop in housing supply and its impact on prices. Brittany Murphy, a principal data scientist, explains that despite low interest rates, supply constraints like lumber shortages and a lack of new construction are driving prices up. The video also explores how well-funded buyers are navigating the market and the potential effects of rising interest rates. Finally, it considers the lasting impact of work-from-home trends on housing demand.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways has the pandemic influenced buyer behavior in the housing market?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What predictions are made regarding the future of housing supply and demand?

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