Housing Market 2020 Forecast: Will It Crash or Recover?
Marco Santarelli
AUGUST 5, 2020
Buying activity slowed due to the pandemic but has significantly rebounded since June. Low mortgage rates, population growth, and an increase in buyer interest are further driving the demand for available housing. Housing units are still in short supply with the problem getting worse. Unsold inventory sits at a near 4.0-month
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