News Formal

Coronavirus Looms Over Crucial Spring Season for Housing Market

  • 📰 WSJ
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The lowest mortgage rates on record are colliding with the prospect of an economic downturn prompted by the coronavirus outbreak, setting the stage for an unpredictable spring selling season in the housing market

Economists are tamping down earlier expectations that cheap rates and a strong job market would boost the housing market in 2020 following years of sluggish growth.

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:

 /  🏆 98. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

COVID-19: Further Evidence that the Virus Originated in the US

How will people buy homes if they dont have jobs or money?

gorevidal5 here we go, monetary & fiscal economic policy colliding History, history history

Cancel the housing market

You're about 3 days too late on the rates.... They've popped up almost a full percent since Monday.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Pandemic Rules Retail, Shopping Slows, Stocks FallThe coronavirus has brought a bear market and slower economic growth. Woohooo!!! A beer market!! Finally, suds for everyone!!
Source: wwd - 🏆 24. / 68 Read more »