June 1, 2020

How Long Could Home Prices Take To Recover?

Article originally found on MReport.com

A new report by Unison forecasts that it will take two years for home prices to recover from the effects of COVID-19.

Unison gave numerous reasons as to why the industry is in a better position to survive an economic depression when compared to the Great Recession more than a decade ago. The report said the industry is more prepared due to the current presence of more government support available to aid homeowners in particular versus in the past.

Read the full article here.