Housing Update - May 29, 2020
May 29th, 2020 8:14 AM

April saw a record collapse in Americans signing contracts to buy homes, the National Association of Realtors said Thursday, reflecting the economic damage from the virus that shut down wide swaths of business and social life. Pending home sales plunged 21.8% from March, the largest decline registered in data going back to 2001. The normally busy spring homebuying season has been upended. At the same time, home prices have been rising.

?For all your Residential and Commercial Real Estate Appraisal needs please contact:
James M. Hanson Associates, Inc.
Phone: (609) 884-9185

Community Resource Links
Cape May Chamber of Commerce
Cape May County Chamber of Commerce
Avalon Chamber of Commerce
Atlantic City Chamber of Commerce

Posted in:General
Posted by James M. Hanson on May 29th, 2020 8:14 AMPost a Comment

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