The $2.53 trillion figure is about equal in value to France’s gross domestic product in 2020; or about the same as the combined market caps of tech giants Amazon and Facebook. Since the depths of the financial crisis in 2009, home sales in the South have almost tripled in value. “We’ve never experienced this level of competition [before],” he added,What To Watch ForFairweather added the 2021 housing market will be even more active than last year was. "Employers are providing clarity on permanent remote-work policies, the economy is recovering and mortgage rates remain low. (Forbes)Home Prices Continue To Soar, But Experts Don’t Expect Another Housing Bubble—Here’s Why (Forbes)The Housing Market Just Began A New 10-Year Upward Move (Forbes)

Source: Forbes May 11, 2021 14:37 UTC