Home Prices Skyrocketing Because Of Low Mortgage Rates, Not Because COVID-19 Increased Demand For Large Homes

Home prices are skyrocketing in most U. S. markets despite COVID- 19, a recession, and a huge unemployment rate. The question is how much of the current housing market mania is caused by the lower mortgage interest rates and how much is caused by COVID-19 changing the kind of homes people want.

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