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Dr. Lawrence Yun, chief economist at the National Association of Realtors, on COVID death toll effect on real estate market

Emily

Editor, Senior Moderator
https://www.marketwatch.com/picks/re...os-01647616356
‘Reduced competition.’ 5 predictions for the housing market in 2022, from economists and real estate pros
Updated: March 21, 2022 at 10:50 a.m. ET
By Alisa Wolfson
If you’re in the market for a home, take note: Some experts MarketWatch Picks spoke to say this year may mean less competition.

...
And Yun points out that COVID devastation will also undoubtedly continue to contribute to changes in the market. “The terrible death toll from COVID will require housing adjustments, such as widow downsizing and estate sales.”
 
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