DelPrete: How The Pandemic Has Impacted International Markets

22 May 2020

DelPrete: How The Pandemic Has Impacted International Markets

Inman News

Evidence suggests that once restrictions are lifted in the hardest-hit markets, new listings rebound quickly.

The pandemic affected international real estate markets in strikingly different ways. Markets with stringent lockdowns saw new listings plummet by 90 percent, while other markets saw no change. And as the world begins to recover, the data suggests that the longer and more severe the lockdown, the faster the initial recovery.

New listings

The number of new listings coming to market is a key indicator of a healthy real estate marketplace, representing high-intent seller demand and available inventory. The decline in new listing volumes across seven countries has varied wildly, from no change to a 90 percent drop, depending on the market and its associated lockdown.