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Showing posts from June 11, 2020

THE LATEST RBC ECONOMICS "HOUSING REPORT" IS UPBEAT ABOUT MAY'S SALES

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RBC ECONOMICS MONTHLY HOUSING REPORT Home Buyers and Sellers Returned to the Market in May - RBC Economics Early reports from local real estate boards showed home resales picked up noticeably from April's generational lows. The month-to-month percentage increases-ranging from 30% to almost 70%-certainly look impressive though this speaks more about the extremely weak comparison point in April. May's rebound is the first step on a long road to recovery.