Real Estate Weekly Outlook
Remember that "euphoric" feeling just two weeks ago? That didn't last long. U.S. equity markets sold off this week by the most since early August as softer-than-expected economic data and mounting fears over the spread of the coronavirus erased 2020's earlier gains. The deadly virus originating from China has now spread to more than a dozen countries - including seven confirmed cases in the U.S. - and threatens to slow economic activity at a time that global growth seemingly remains stuck in neutral. The U.S. consumer, which has been a consistent