Residential real estate listing service Bright MLS has developed a new index designed to be a forward-looking indication of homebuyer demand, and in the D.C.
The coronavirus pandemic has made purchasing a home more challenging for Marylanders as a limited inventory of homes for sale fuels a dizzying buying frenzy. And though mortgage interest rates remain at record lows, median home sales prices have increased to all-time highs.
According to the VTS Office Demand Index (VODI), while the momentum in demand growth for office space slowed slightly in the past month, April marked the fourth consecutive month when demand for office space nationally continued to recover, getting closer to the pre-pandemic benchmark. The VODI tracks tenant tours, both in-person and virtual, of.
Median home sales in the Baltimore metro area reached an all-time high in April as the coronavirus pandemic entered the first full month of its second spring.