Any disruption the coronavirus has on housing market activity won’t be evident in the home sales data until late April at the earliest. But other metrics can give an earlier indication of the magnitude of the shock. Given they can be carried out from the safety of your home, purchase mortgage applications may understate the impact. Instead, reports of new home buyer traffic from the NAHB due out next week will provide the first clue as to where sales are heading.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services