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Google search for ‘Should I buy a house’ is at all-time high

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发表于 2020-3-12 12:13:07 | 显示全部楼层 |阅读模式
Should I buy a house? That is the questionon Americans’ minds — literally, Google search data shows.Google searches inthe U.S. for “Should I buy a house” doubled in March from last month, reachingan all-time high last week, according to Meyers Research. The jump could meanthat potential homebuyers are torn between taking advantage of historically lowinterest rates and waiting to see the effect that the coronavirus outbreak willhave on the economy. “Why are they [Americans] searching that [“Should I buy ahouse”]? Is it because rates are low, and they want to buy? Or because theywere looking, and now they wonder if it’s still OK to buy?,” said Ali Wolf,director of economic research for Meyers Research, who flagged the data fromGoogle Trends, a real-time indicator of consumer sentiment. Google begancollecting search data in 2004.Since the beginning of March, Google users inthe U.S. also searched “Mortgage loan” more than they did any month prior,double the rate of searches in February. The phrase “Mortgage rates today” alsoreached its all-time high last week on Google Trends. Read more >>slotxo

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