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Residential Market Update – August 2020
Posted: Monday, August 3, 2020

The onset of the COVID-19 pandemic earlier this year unleashed a worldwide public health crisis not experienced since the Spanish flu of 1918. Economic lockdowns ordered to slow the spread of the virus triggered an economic calamity in the U.S. (and elsewhere) unequaled since the Great Depression nine decades ago. While the disruption has spared very few sectors of the economy, the housing market, although not immune to the shock, has thus far proved resilient.

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