The rebound of the U.S. housing market will not look like a “V†or a “U.†Rather it would be a “W,†according to the updated 2020 forecast of real estate listings website Realtor.com.
According to the company’s economics team, national home sales will improve in July, August and September, largely driven by demand from millennial shoppers and transactions in secondary markets, before they decrease again due to a projected winter spike in coronavirus cases.
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