Despite historical GDP contractions across the globe, the residential real estate sector is bouncing back at a surprisingly quick pace after the lifting of lockdowns. Demand for new and existing homes, housing starts and the evolution of prices in the world’s largest economies have trounced expectations and are generally benefitting from the effect of monetary policies and shifts in buyer preferences as a result of the confinements.
Is the residential real estate sector bouncing back at a faster pace than the rest of the economy?
What are the trends observed in the US, UK and China?
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