America’s housing market is expected to weather the pandemic and stage a solid rebound, with a Reuters poll showing that U.S. house prices are likely to outpace consumer price increases in 2020 and the following year.
According to a June 9–19 poll of over 40 housing strategists, house prices will rise 3.0 percent this year and next, making America’s housing market story appear to be one of resilience in the face of an outbreak that has decimated sectors of the economy such as travel and hospitality.