said home sellers nationwide realized an average gain of $75,971 on sales — a 36.3% return on investment — up from a $66,500 profit, or 34.5%, in the first quarter of 2020 and from $65,250, or 33.7%, in the second quarter of last year.
"The housing market across the United States pulled something of a high-wire act in the second quarter, surging forward despite the encroaching economic headwinds resulting from the coronavirus pandemic," said Todd Teta, ATTOM Data Solutions chief product officer, in the report. "Profit margins hit new records as prices kept climbing, with few indications that the impact of the virus would topple the market," according to Teta.
"No doubt, a lot of the ongoing prosperity resulted from gains seen before the pandemic started racing through the country in February and March," he said. The second-quarter results showed continuing strength in most parts of the US, he said.
Wait until the balloon pops, a big reset is coming.
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:
Россия Последние новости, Россия Последние новости
Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей
The coronavirus pandemic killed the fast-food breakfast as we know it - 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. I do think about how sanitary the guy is making 7.25/hr now and then
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »
The $107,000 Lexus LC500 is the best-kept secret on the car 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.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »
5 reasons why US housing market will stay strong through the pandemic - 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.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »
Stock market crash risks after COVID-19 vaccine is available: SocGen - 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. HEPA and NBLX are my stock picks. Great buy. Good outlook.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »