The downside of the hot 2020 housing market: rapid home-price growth
Housing Wire
NOVEMBER 30, 2020
Demand for housing was strong in early 2020, before the COVID-19 crisis hit. Mandated shut-down measures and the fear of what COVID would do to our economy temporarily immobilized the housing market, evinced by nine weeks of declines in the weekly purchase applications data on a year-over-year basis.
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