The Q2 2020 results of NAHB’s Home Building Geography Index (HBGI) show geographical trends of the home building industry as the novel coronavirus, COVID-19, spread quickly through the United States. Although the pandemic caused widespread economic impacts for many businesses, housing has weathered the economic storm, rebounding quickly from an April slump. Moreover, data from...
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With the spread of the Coronavirus seemingly slowing down in the past week, the housing market is also offering some glimpses of hope as pending sales remained on the rise and more properties were added to the market. While the impact associated with Covid-19 will linger for the rest of 2020 and beyond, signs of...
The impacts associated with COIVD-19 are still being tallied and negative reports continue to roll in regarding the depth and breadth of the negative consequences the economy will suffer. It is clear that the difficulties will continue for at least the next 1-2 months, even as California gradually begins to resume some economic activity in...