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The majority of housing economists predicted a home price collapse as a result of the pandemic.

Back at the start of the global pandemic, when the rapid spread of COVID-19 forced the U.S. to all but slam shut, grave concerns emerged from a slew of leading figures across the housing economy about the vitality of the real estate marketplace. One top housing economist was so concerned by the potential fallout from the virusā€™ impact that he predicted the U.S. could see a ā€œcomplete shutdown in the housing market. ā€ He was not alone in this level of thinking. The majority of housing economists predicted a home price collapse as a result of the pandemic.

However, in early 2020, Veros correctly predictedĀ the residential real estate economy would remain resilient despite worries of a global pandemic

Read the report to learn more.

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