The pandemic has caused disaster in every aspect of the word: countless deaths, borders shutting down, political upheaval, and economic turmoil— indeed, Covid-19 has caused crises in unimaginable ways.
One specific area that is especially experiencing the brunt of this unprecedented crisis is the housing market.
The Covid-19 coronavirus pandemic has undoubtedly changed the lives of billions of people across the globe in the course of just one year.
Pandemia lead to significant stock market sell-offs, but also created a general trend of cautious pause to see how the pandemic would play out, prior to spending any money on hard assets such as real estate.
However, over the course of the last few months, especially as the hope of “normalizing” back to pre-pandemic life has continued to grow, economic growth and consumer spending has also followed a positive trajectory.