US Homebuyer Numbers Fall to Second-Lowest Level in Over a Decade
November saw buyer estimates drop to just over 1.42 million, nearing the pandemic lows reached in April 2020.
Summary
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Terms & Concepts
- Pandemic Low: The lowest recorded value during the COVID-19 pandemic period, often used as a historical comparison point in market data.
- Homebuyers: Individuals or entities actively seeking to purchase residential properties.