New Hampshire Real Estate in March: Sales Down 1% YoY, Inventory Down 64% YoY

3 days ago - By Calculated Risk

Note: I'm posting data for many local markets around the U.S. The story is the same everywhere... inventory is at record lows.
From the New Hampshire Realtors for the entire state:
Closed sales Single family and Condos in March 2021 were 1,481, down 0.9% from 1,494 in March 2020.
Active Listings Single family and Condos in March 2021 were 1,576, down 64.3% from 4,414 in March 2020.
Months of Supply for Single family and Condos in March 2021 was 0.7 months, down from 2.2 months in March 2020.
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6 million people applied for unemployment a year ago. They're still near pre-pandemic highs

3 days ago - By CNBC

The Covid pandemic pushed workers to apply for unemployment benefits at unprecedented levels in early April 2020. Claims remain high by historical standards.
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Hotels: Occupancy Rate Down 16% Compared to Same Week in 2019

3 days ago - By Calculated Risk

Note: The year-over-year occupancy comparisons are easy, since occupancy declined sharply at the onset of the pandemic. However, occupancy is still down significantly from normal levels.
The occupancy rate is down 16% compared to the same week in 2019.
From CoStar: STR: US Hotel Occupancy Flat From Prior Week U.S. hotel occupancy remained flat from the previous week, while the country's ADR and RevPAR levels were its highest since the beginning of March 2020, according to STR‘s latest weekly data through April 3, 2021.
March 28 through April 3, 2021:
• Occupancy: 57.9%
• Average daily rate...
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U.S. Market Recovery Monitor - 3 April 2021 - STR

3 days ago - By Hotel News Resource

Weekly RevPAR rose to US$65.34, which was a 4.2% increase week over week and the industry's highest level of the past 56 weeks when indexed to 2019.
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