Why Home Prices Are Rising During the Pandemic

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Why Home Prices Are Rising During the Pandemic
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The economy is shrinking, businesses are closing and jobs are disappearing. But in the housing market, prices keep chugging higher.

While buyer demand has softened and sales fell 8.5% in March, the supply of homes on the market is contracting even faster

Hundreds of thousands of renters may miss rent payments for May as the coronavirus crisis enters its third month in the U.S. For smaller landlords, that means facing their own financial crisis. WSJ’s Jason Bellini reports. Photo: Fadhila Hussein

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