The U.S real estate sector has shrugged off the shocks triggered by the COVID-19 pandemic to cap one of the finest runs amid a challenging macro environment. Contrary to expectations, the pandemic has fueled activities in the sector as health concernstriggered the digitization of the home buying process. Pandemic Triggered Home Buying As remote-working took
U.S real estate has started feeling the effects of the COVID-19 pandemic. Soaring home prices is the latest tailwind to hit the sector, which has so far remained resilient amid the challenging macro environment. Likewise, home sales contracted for the first time in more than six months as dwindling supply triggered a surge in prices.
Record low housing inventories at the back of rising demand and higher house prices should strengthen the argument of renting come 2021. While the U.S real estate sector has remained resilient for the better part of the year, record low inventory levels continue to arouse concerns amid the pandemic. Subdued Home Inventories Housing data indicate
The U.S real estate sector has remained resilient amid the pandemic ravaged economy. For how long the sector will continue to shrug off the shocks triggered by the epidemic is still an open discussion. Reports that the commercial real estate sector is in trouble in the $15 trillion markets is already arousing concerns. Commercial Real
Activities in the U.S real estate industry are heating up even as the country battles its biggest economic contraction in recent years owing to the COVID-19 pandemic. As investors use the opportunity to buy highly discounted properties, some companies have resorted to constructing new ones as others relocate to new office spaces. Likewise, some companies
The U.S has always been considered one of the safest and best places to do business and invest. A robust legal system complimented by a government that has always stayed away of private entities has seen it top the charts as a global destination for real estate investment. However, not anymore. Deteriorating relations between the
The real estate bubble was the catalyst behind the 2009 financial crisis. Fast forward, the global economy is on the cusp of yet another economic meltdown, fueled by the COVID-19 pandemic. Even as key sectors in the U.S economy continue to reel from the effects of COVID-19, real estate has emerged as a soft spot,