February continued a streak of sellers' market conditions. COVID-19 will likely accelerate the shift towards more balanced conditions in the near term, but raise new challenges for both buyers and sellers in major markets as sales stall and inventory freezes.
The post The Pace of Home Sales Reached New Records in February, but COVID-19 Likely to Bring Challenges to Both Buyers and Sellers in the Near Term appeared first on Realtor.com Economic Research.