- As of May 5, 2015 there are Globally 4,477,351 Total case 1.4 Million Recovered
- Globally 303,389 Deaths
- In the United States there are 1,419,998 Total Cases
- In the United States there are 85, 974 Deaths.
THE GOOD NEWS IS INTEREST RATES ARE EXPECT TO STAY LOW UNTIL 2022.
With all the pent-up demand we do expect a dramatic increase in the real estate sales and purchases by the final quarter of this 2020.
It is suggested it will take about 3 years for the overall economy to adjust. Time will tell.
It is suggested the second quarter of 2020 will be the bottom of our recession.
Home prices have stayed fairly level with slight increases but we may start seeing pricing moving upward as 1/3 of Canadians are continually looking to buy. With all the pent-up demand and low interest rates this will probably keep prices from falling drastically. Depending on the bounch back of the economy, this could change.