Real Estate Weekly Outlook
Jobs, Jobs, Jobs. U.S. equity markets finished sharply higher this week as strong employment and housing market data - and reports of progress on vaccine development - overwhelmed concerns of a potential intensification of the coronavirus pandemic. An ironic juxtaposed amid the Independence Day celebration, several states have reimposed lockdown restrictions after identified coronavirus case counts climbed to new highs in the United States. Eleven weeks after the economic reopening officially began in late April; however, data continues to show a steady decline in coronavirus mortality in the United States with