Housing market rebounds at record rate
Epoch Times:
Existing Home Sales Surge by Record 20.7 Percent in JuneRecord low mortgage rates appear to be one of the driving factors. I suspect that there is also more movement out of high-density housing into single-family homes in the suburbs as a way to avoid the pandemic. These new buyers should also be wary of Biden's plan to destroy the suburbs and push more high-density urban planning on them. It is part of the Democrats' "climate change" hysteria.
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