COVID-19 has caused some city dwellers to consider moving to the suburbs or a rural area. The pandemic has led to an increase in remote working, which means that many employees are no longer tied to living in urban areas for work opportunities. In October 2020, 31 percent of United States realtors had more clients living in the city that wished to purchase property in a suburban or rural area, as compared to January 2020.
In 2020, home sales in the United States dropped drastically, with around 4.8 million houses being sold. That is 1.2 million houses less than the year before.
Compared to January 2020 (pre-pandemic), do you have a higher share of clients who live in the city who want to purchase a property in the suburb or rural area?
2,146 of respondents had a client. Among those who had a client, the
survey’s maximum margin of error for proportion estimates is two percent at
the 95 percent confidence level. The margins of error for subgroups are
larger.
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National Association of Realtors. (November 23, 2020). Compared to January 2020 (pre-pandemic), do you have a higher share of clients who live in the city who want to purchase a property in the suburb or rural area? [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1189682/real-estate-city-rural-property-usa/
National Association of Realtors. "Compared to January 2020 (pre-pandemic), do you have a higher share of clients who live in the city who want to purchase a property in the suburb or rural area?." Chart. November 23, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1189682/real-estate-city-rural-property-usa/
National Association of Realtors. (2020). Compared to January 2020 (pre-pandemic), do you have a higher share of clients who live in the city who want to purchase a property in the suburb or rural area?. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1189682/real-estate-city-rural-property-usa/
National Association of Realtors. "Compared to January 2020 (Pre-pandemic), Do You Have a Higher Share of Clients Who Live in The City Who Want to Purchase a Property in The Suburb or Rural Area?." Statista, Statista Inc., 23 Nov 2020, https://www.statista.com/statistics/1189682/real-estate-city-rural-property-usa/
National Association of Realtors, Compared to January 2020 (pre-pandemic), do you have a higher share of clients who live in the city who want to purchase a property in the suburb or rural area? Statista, https://www.statista.com/statistics/1189682/real-estate-city-rural-property-usa/ (last visited November 21, 2024)
Compared to January 2020 (pre-pandemic), do you have a higher share of clients who live in the city who want to purchase a property in the suburb or rural area? [Graph], National Association of Realtors, November 23, 2020. [Online]. Available: https://www.statista.com/statistics/1189682/real-estate-city-rural-property-usa/
