Real Estate Weekly Outlook
The bliss of last week's "euphoria" didn't last long. U.S. equity markets dipped this week by the most in four months on concerns of a potential outbreak of a deadly coronavirus that has now infected individuals in nearly a dozen countries outside of China. Naturally, 2020 has begun with a fresh layer of bricks added to the "wall of worry" after the last two weeks saw resolutions to the key market uncertainties of 2019 including the China-U.S. trade deal, the USMCA, and a peaceful de-escalation in the Middle East. Investors are