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New home sales surge
www.marketwatch.com/story/new-home-sales-surge-to-highest-le...
‘Already, more new homes have sold in 2020 than did in all of 2019,’ one economist said.

DB2
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No. of Recommendations: 0
New home sales surge
http://www.marketwatch.com/story/new-home-sales-surge-to-hig...
‘Already, more new homes have sold in 2020 than did in all of 2019,’ one economist said.




From the same link:

The burgeoning interest in newly-constructed homes largely stems from the lack of existing-homes for sale. While existing-home sales have also occurred at a fast pace, the inventory of homes left on the market is fast dwindling.
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No. of Recommendations: 1
‘Already, more new homes have sold in 2020 than did in all of 2019,’ one economist said.
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The burgeoning interest in newly-constructed homes largely stems from the lack of existing-homes for sale. While existing-home sales have also occurred at a fast pace, the inventory of homes left on the market is fast dwindling.


Sales of existing homes are at a 14-year high. So people with houses aren't decreasing and there is increased demand from those who don't have one.

DB2
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‘Already, more new homes have sold in 2020 than did in all of 2019,’ one economist said.

Those people are 'catching falling knives' because after covid-19 is done with US you'll be able to buy whole neighborhoods from the estates of deceased virus victims for pennies on the dollar.

Desert (who you'll be able to sell them to is another matter) Dave
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