Summary: We’re in the midst of severe economic shock right now. There are over 30 million job losses in one month, closed businesses, and a 4.8% drop in the GDP, but somehow home prices are rising in some places. That may be a disappointment for homebuyers and real estate investors looking for a deal, although some researchers see lower prices in the coming months. Home prices dropped dramatically during the housing crisis ten to twelve years ago, but that’s not what’s happening this time around so far.
