North America Vacation Real Estate News
North America Vacation
Record Setting 50.7 Million Americans to Travel This July Fourth Holiday
Based on AAA projects, over 50.7 million Americans will travel 50 miles or more from home this Independence Day weekend, setting a new record for the holiday.
Over 42 Million Americans to Travel This Memorial Holiday Weekend
Based on new travel projections by AAA, 42.3 million Americans will travel 50 miles or more from home this Memorial Day weekend, a 7% increase over 2022. This year, 2.7 million more people will travel for the unofficial start of summer compared to last year, a sign of what's to come in the months ahead.
U.S. Vacation Home Demand Dives 50 Percent from Pre-Pandemic Levels
According to national property broker Redfin, mortgage-rate locks for second homes in the U.S. were down 52% from pre-pandemic levels on a seasonally adjusted basis in March 2023. That is compared to a 13% decline for primary homes.
U.S. Vacation Rental Bookings Rise 27 Percent Annually in January
According to Key Data, the U.S. vacation rental travel sector is looking positive in early 2023, as a significant rise in the number of reservations made online in January spiked, when compared to January 2022.
