U.S. real estate market booms during COVID-19 pandemic

Global Business

U.S. real estate market booms during COVID-19 pandemic

In the United States, single family homes, condos and even pre-construction units are flying off the market.

The real estate industry is experiencing a boom it’s not seen since the housing bubble and subsequent crash of 2007. The reason behind it might be surprising — it’s all about the pandemic.

CGTN’s Nitza Soledad Perez reports.