In a March 2020 survey, the development related to COVID-19 which had most affect home buying or selling plans in the United States was the drop in mortgage rates, which was cited by 34.1 percent of the respondents. Fear of recession and stock market volatility followed behind at 25 and 24 percent, respectively. For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.
Which recent development tied to COVID-19 has most affected your home buying or selling plans?
Share of respondents
Drop in mortgage rates
34.1%
Fear of recession
25.2%
Stock market volatility
24.1%
Concerns about infection of myself or my family
8.6%
Concern about impact to my employment, income or business
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Redfin. (March 13, 2020). Which recent development tied to COVID-19 has most affected your home buying or selling plans? [Graph]. In Statista. Retrieved May 30, 2020, from https://www.statista.com/statistics/1104768/covid-19-impact-home-buying-selling-usa/
Redfin. "Which recent development tied to COVID-19 has most affected your home buying or selling plans?." Chart. March 13, 2020. Statista. Accessed May 30, 2020. https://www.statista.com/statistics/1104768/covid-19-impact-home-buying-selling-usa/
Redfin. (2020). Which recent development tied to COVID-19 has most affected your home buying or selling plans?. Statista. Statista Inc.. Accessed: May 30, 2020. https://www.statista.com/statistics/1104768/covid-19-impact-home-buying-selling-usa/
Redfin. "Which Recent Development Tied to Covid-19 Has Most Affected Your Home Buying or Selling Plans?." Statista, Statista Inc., 13 Mar 2020, https://www.statista.com/statistics/1104768/covid-19-impact-home-buying-selling-usa/
Redfin, Which recent development tied to COVID-19 has most affected your home buying or selling plans? Statista, https://www.statista.com/statistics/1104768/covid-19-impact-home-buying-selling-usa/ (last visited May 30, 2020)
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