, national home prices saw a year-over-year increase of 5.4% in April 2020 — up from a 3.6% gain in April 2019. CoreLogic attributes the growth to a decrease in housing supply due to the pandemic. According to the report, the national for-sale inventory of entry-level homes plummeted by 25% on average in April.
"The next 12 to 18 months are going to be very tough times for the broader economy. As employment and economic activity begin to pick up, as it will surely do, we expect housing to be a driver in a national recovery," said Nothaft. CoreLogic found that home prices in April were up 1.4% month-over-month and expects a 0.3% increase from April to May. However, the report predicts that the US will see a yearly decline in the national home value as markets struggle to recover from the economic setback. For example, vacation spots like Cape Coral-Fort Myers and North Port-Sarasota-Bradenton in Florida, and Prescott in Arizona, are expected to see a decrease in home values over the next 12 months as vacationers stay home.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Mortgage applications rise 18% as demand returns to the housing market - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Meaning it's not the time to buy a house yet Confused here - recovery from what exactly? You're talking about a year ago - pre-covid...
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »
Zuckerberg: Facebook won't back down on Trump's posts - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. He gone end up like Tom at that lonely computer Surprise - Mark Z is an entitled rich white kid who loves Trump Good for him 👏🏼👏🏼👏🏼👏🏼
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »
Free Zoom calls won't be encrypted so Zoom can share info with police - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Just use discord zoom is just trash ZoomIsDead BoycottZoom Law enforcement? Of which country?
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »
The fire Zuck started won't stop at Facebook - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. BorisJohnson condemned the 'inexcusable' death of GeorgeFloyd but refused to criticise Donald Trump How will they convince him to fire himself? I think the stock price says everything.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »
Some oil companies won't be able to afford Chapter 11 bankruptcy - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Congo health ministry confirms at least 4 new EbolaOutbreak Deaths in Western city time for a GreenNewDeal Lot of actual humans can’t either
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »