Real Estate News & Analysis

This is why we don’t expect to see a decline in monthly rents, though housing prices might fall considerably before shooting back up. A secondary impact of the Wuhan coronavirus outbreak is that it has crimped provide chains all over the world and slowed down development. Screenshot courtesy of CAR.orgThe most essential thing to remember is that it’s a well being disaster – not an economic one. This pattern differs from a normal economic recession, which is a state of affairs during which economic exercise falls for 6-18 months and then recovers extra slowly. Interest rates will stay low giving consumers purchasing power and home costs a boost.

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