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Housing Market 2020 Forecast: Will It Crash or Recover?

Marco Santarelli

In fact, in just the second quarter alone, the housing demand went from being down 41% to up 40% year-over-year. Low mortgage rates, population growth, and an increase in buyer interest are further driving the demand for available housing. The national median existing-home price for all housing types in May was $284,600, up 2.3%

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Las Vegas Real Estate Market 2020 Overview

Marco Santarelli

percent rise from the previous record high in June. percent from June and 5.3 percent from July 2019. For condos and townhomes, the median sale price for a unit in July was $196,000, up by a whopping 12% from July 2019. The inventory of homes has further decreased from last year. Sales were down from December 2019.

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