Housing market plunge looms thanks to coronavirus

The economic ripple effect of the COVID-19 coronavirus pandemic is starting to spread. And the next victim looks to be the housing industry’s seller’s market.

March home sales fell 8.5%, according to the National Association of Realtors. And the months ahead will likely be notably worse, according to the group’s chief economist.

Read more at Fortune.com

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s