The coronavirus pandemic forced the world into a global recession. Many sectors took the hit, while some sectors flourished more than ever. The pandemic tremendously slowed down the real estate industry. There was a dip in the pace of construction and the level of buying as well.
The question that is now bothering people is, “what will the long-term impact of the coronavirus on real estate look like?” In order to answer this question and empower investors, this article will provide an accurate picture of the present conditions and make a few predictions based on the same.