Market indicators are often seasonal in nature, with Q2 typically being the period of highest demand, and the mid-winter holid ay period being the period of lowest activity.

The pandemic and shelter-in-place deeply affected the overall Q2 2020 market, though quarterly statistics disguise the combination of steep decline in market activity followed by the large rebound that occurred over the course of April, May and June. A few monthly charts have been added to illustrate this dynamic.

*Data from sources deemed reliable, but may contain errors and subject to revision.All numbers to be considered approximate.