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In the highest home value gain since 2005, U.S. home values reached $36.2 trillion total—with a $2.5 trillion increase in 2020 alone.
There are four overarching themes that made 2020 a record year for master planned communities, each of which are a direct result of the pandemic.
Existing home sales hit a 14-year peak in December, with a seasonally adjusted annualized rate of 6.76 million units closed.
Homeowners who may have a higher mortgage due to purchasing a new home still pay the same first-year costs of ownership as a homeowner of an older
RCLCO’s end-of-year Sentiment Survey found real estate participants are significantly more negative about the housing market compared to 2019.