COVID-19 paused the housing market. What next?

Real Estate

The economic fallout from the spread of COVID-19 has put the housing market in the United States on pause.

New home listings have dropped precipitously. Mortgage lending has gotten even more strict, making it harder to get a home loan. In March, home sales dropped 9 percent nationwide compared to the previous month, according to Redfin. The drop in April is certain to be even more dramatic.

But what will the housing market recovery look like once the pandemic passes and the economy reaches its new state of normal? A number of new reports explore how it might play out.

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