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Reply to "DC Housing Prices drop beginning "
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[quote=Anonymous]Zillow Research: A 2%-3% drop in prices through the end of 2020, followed by a slow recovery throughout 2021. Prices will return to Q4 2019 levels by Q3 2021. A 50% decline in home sales from their pre-coronavirus levels, as measured at the end of 2019. Home sales will bottom out in Q2 before beginning to improve near the end of Q2 2020. Sales volume will recover to about 97% of Q4 2019 levels by the end of 2021. The pace of recovery is what distinguishes our three scenarios from one another. https://www.zillow.com/research/prices-sales-forecast-coronavirus-26975/[/quote]
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