The following Q&A comes from the HW+ exclusive Slack channel, where HousingWire’s Lead Analyst Logan Mohtashami answered questions on what to make of the latest housing data, his forecast for the rest of this year, and whether or not the housing market is returning to normal. He also addresses how he foresees the Delta variant impacting the housing market. Looking at the data, it’s not as simple as comparing year-over-year changes or even monthly changes since the past year was filled with never-before-seen situations.
The following Q&A has been lightly edited for length and clarity.
HousingWire: There’s so much happening in the housing market right now, it’s hard to stay on top of the latest data and what it means. What are the top takeaways that people should know about the market right now?