Zillow and Census Bureau Data Show Pandemic’s Impact on Housing Market

Remote working, commuting time, life events all affect home buyers' decisions. Learn more in this America Counts story.

America Counts: Stories Behind the Numbers Zillow and Census Bureau Data Show Pandemic's Impact on Housing Market The housing market came to a screeching halt in March 2020, when much of the nation shut down in response to the COVID-19 pandemic. But the summer rebound, when many strict lockdown measures were lifted, was big and fast and revealed new homebuying patterns: Americans, many now used to working remotely, began buying farther away from some cities and traditional job centers. Read More During a U.S. Census Bureau Local Employment Dynamics Webinar earlier this year, economists from real estate firm Zillow showed how pairing Census Bureau data with Zillow data revealed the impact of the pandemic on housing market trends. Zillow found that nearly two million renters unable to afford homes in metro areas could now afford to buy farther out because they no longer had to commute to work. Continue reading to learn more about: When home is where the work is Did COVID-19 change cities? Connection between jobs and homes What drives housing choices? Teleworking Working from vacation towns Help us spread the word about America Counts. Share this story on social media or forward it to a friend. Share This You May Be Interested Working From Home During the Pandemic: The U.S. Census Bureau's Household Pulse Survey shows that those who increased frequency of telework had higher income and education and better health. Learn More About America Counts America Counts tells the stories behind the numbers in a new inviting way. It features stories on various topics such as families, housing, employment, business, education, economy, emergency management, health, population, income and poverty. Contact our Public Information Office for media inquiries or interviews. Don't miss an America Counts story! Subscribe here.

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