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US housing set to ride out the pandemic's economic storm: Reuters poll

from Reuters

US housing set to ride out the pandemic's economic storm: Reuters poll Reuters U.S. home prices will defy the current economic downturn and ride out the storm, supported by record low mortgage rates and limited supply, according to a Reuters poll that showed housing outpacing consumer price rises this year and next. The U.S. housing market, which was at the epicenter of the previous financial crisis that led to a global recession, is expected to remain a bright spot amid a sharp downturn as the coronavirus pandemic continues to wreak economic havoc. READ MORE

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