US equities leaped on Monday as investors blocked out rising coronavirus case counts and focused on positive housing-market data., the National Association of Realtors announced Monday. The reading trounced the median economist estimate of 19.3%, according to Bloomberg. The association's metric now sits at 99.6, slightly lower than its pre-virus high of 111.4 but hinting at a steady recovery for the critical sector.
The leap "goes to show the resiliency of American consumers and their evergreen desire for homeownership," Lawrence Yun, NAR's chief economist, said. "This bounce back also speaks to how the housing sector could lead the way for a broader economic recovery."
yrn_myres
Time to claw back some of the losses from last week...... hopefully
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How Quibi is working with influencers, inside its strategy - 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.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Coronavirus cases are declining in only 2 states as virus surges in US - 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. LOL... there's only SO many people. When THAT MANY have already had it, that only means less people to transmit it to others. So, the logic says.... Because they had no rioters that came home.
Source: BusinessInsider - 🏆 729. / 51 Read more »
US banks seek guidance on PPP loan forgiveness - Business Insider - 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. fiverr com/s2/1800e25d03
Source: BusinessInsider - 🏆 729. / 51 Read more »
Amazon debuts 'The Big Style Sale' event - 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.
Source: BusinessInsider - 🏆 729. / 51 Read more »