new home construction: The Real Estate Market during COVID....no slow down
- 09/21/20 02:49 PM
Americans are rushing to buy homes right now. But should you be one of them? Sales of previously-owned homes in the U.S. rose 24.7% between June and July to a seasonally-adjusted annual rate of 5.86 million, the National Association of Realtors reported Friday. Not only did the percentage increase represent a record, but the sales volume was the highest the U.S. has seen since 2006. It’s a stunning turnaround from just a few months earlier when the coronavirus pandemic caused record-breaking decreases in sales as Americans were staying home to avoid getting sick. To a large extent, the bumper demand for housing is
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