Property News
American
Property News for 20 March 2020
Panicked wealthy fleeing the coronavirus drive up rental prices in the Hamptons and Hudson Valley
CNBC - 20 Mar 2020 19:13
As New York City considers "shelter in place" rules and the number of coronavirus cases skyrockets, wealthy New Yorkers fleeing the city are driving up the prices of rentals in the Hamptons and Hudson Valley.
February home sales jump to highest in over a decade, but big drop expected as coronavirus injects uncertainty
CNBC - 20 Mar 2020 17:19
The spring housing market was on its way to becoming the strongest in over a decade, but it will likely turn sharply lower, as the economy shuts down in the face of the coronavirus.
Existing home sales jump 6.5% in February
CNBC - 20 Mar 2020 16:40
CNBC's Diana Olick reports on the latest existing home sales data, which saw a spike in home sales ahead of the coronavirus outbreak in the U.S.
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