How Coronavirus Is Effecting U.S. Real Estate Market
                     How Coronavirus Is Effecting 
The U.S. Real Estate Market
NY Rent Own Sell
How Coronavirus is Effecting The U.S. Real Estate Market
“ The coronavirus outbreak is hardly four months old, 
but it has had an immediate effect on the U.S. 
economy, and is likely to affect the U.S. real estate 
industry. 
NY Rent Own Sell
“
Coronavirus Is Effecting The U.S. Real Estate Market
The devastating spread of coronavirus from China, which has sickened thousands 
and appalled millions across the globe, is also taking its toll on global financial 
markets— and is likely to affect the U.S. real estate industry. 
According to PMI figures, U.S. economy hardly expanded in February as service 
and the biggest component of GDP collapsed for the first time since 2013.
How Covid-19 
Affected 
BMicurosofti nande Aspplse’se upsda?ted quarterly revenue 
recommendations also suggest significant           
     disturbances owing to the terrifying disease. 
It         indicates that the epidemic could have 
an effect on the economic cycle.
Coronavirus is making a dent in the global          
 economy, as demonstrated by the new reports   
     on domestic sales, inflation, and 
manufacturing profitability. The highly 
contagious epidemic is       continuing to 
interrupt trade and economic         activity in 
key countries, leaving stocks                        
vulnerable to catastrophic losses.
How It Affected The Real Estate Market?
In the beginning of 2020, it is said that real 
estate world will be redefined this year as there will be lot of 
changes that can be seen. But, the economic fallout caused by 
coronavirus is already affecting real estate in the main Asian 
regions. 
Real estate get affected as corona virus hits all aspects of the 
property market. The cost of building supplies could increase if 
foreign demand slows down. The net impact would be a decline in 
construction and an increase in property prices.
How For first-time home buyers and many others struggling to keep up with increasingly rising property values. As it is, median        
wages in America remain marginally ahead of official inflation    
Coronavirus figures. Median house prices are increasing faster than wages.
Affected the Investors from China paid around $13.4 billion on U.S. properties    
between April 2018 and May 2019, as per the                                   
Real Estate         NAR’s latest data on foreign investors. While this may look                      impressive, it actually represents a massive                        
                                 56% decline from the previous 12-month span. 
Industry? Chinese        buyers now spend less on U.S. real estate because of their                                   government-enforced restrictions on how 
much capital would leave the country. U.S. visa laws have also 
been rigidified,    and due to                heated trade negotiations 
between the two  countries.
How Coronavirus is Pushing Down Mortgage Interest Rates?
Coronavirus caused a significant economic crisis in the United 
States and around the globe. 
Although lower interest rates are a boost to house sales, 
they are declining at an astonishing rate. 
China is the second-largest economy in the world, with a production 
chain. So what occurs in China has a huge impact on companies 
around the globe causing disruptions global financial markets.
“Chinese buyers have faced headwinds in recent years from capital controls in addition to the 
general headwinds of rising home prices,” said Hale. “The epidemic is likely to hamper their ability to 
participate in U.S. real estate in the short run, but it may lead to more interest in the long run as 
buyers may seek to be more internationally diversified.”
How Can People Living in Rental Apartments Stay Safe
Face masks are not required by healthy The CDC pointed out that although it is 
people (some are obviously too loose to feasible to even get Covid-19 by 
prevent inhalation of the infection) unless contacting the surface of the virus and 
you are treating those with symptoms, but then rubbing the face, “this is not believed 
CDC (Center for Disease Control and to be the main way the disease spreads.” 
Prevention)  recommends that they should The main transfer is assumed to be 
be used by those with symptoms to patient-to-person between people in close 
discourage others from being sick. contact by respiratory drops created if an 
infected person sneezes or coughs.
What if some
one 
in Your Buildi The standard advice from the city is that anyone with flu-like signs who also has a 
link to any nation infected by the outbreak 
ng is should be sent to a hospital immediately.
 Affected
How to Protect Yourself From Corona Virus
Wash your hands well and always Sanitize to your hands every 
with soap and warm water after    time you shake hands.
sneezing and coughing.
Avoid rubbing and touching While leaving  home, 
your face, eyes, mouth, or always wear your gloves.
nose, especially with dirty 
hands.
Cover your mouth and nose Be very careful while 
whenever you cough or sneeze. touching doorknobs and 
faucets.
NY Rent Own Sell
Hope we will soon fight with this deadly virus.
“Read the detailed article on How Cronovirus is affecting the US real estate market here.
NY Rent Own Sell
“