Real Estate Weekly Outlook
The "reopening rally" resumed for U.S. equity markets this week as concerns of a "second wave" of the coronavirus pandemic were offset by further evidence of an emerging economic rebound, particularly in the critical U.S. housing sector. The major indexes finished higher for the fourth week out of the past five, rebounding from sharp declines last week as investors remain hesitant to wager against the "unstoppable force" of WWII-levels of fiscal stimulus and unprecedented levels of monetary support with renewed hints of a new round of fiscal stimulus on the way