Home shopping has shifted noticeably during the pandemic, drawing a pool of buyers with fatter wallets and favoring sellers of pricier properties. One in four homes bought between April and June was priced at $500,000 or more, up from 14 percent during the preceding nine months, according to a National Association of Realtors analysis, the Wall Street Journal reported. The median household income of buyers also increased significantly, hitting $110,800, compared with $94,400 for pre-pandemic
source https://therealdeal.com/2020/11/13/evidence-mounts-that-high-end-sales-powered-pandemic-market/
No comments:
Post a Comment