Will monthly new home sales in the US fall below 270,000 in 2020?
Market Rules
Given the Covid-19 pandemic, there’s a possibility that of a major economic recession will hit the US. In that process, may the residential market hit lower levels than it had done in the aftermath of the subprime crisis of 2008?
If the number of new house sales in any given month of 2020 in the US falls below 270,000, this question will be resolved as "Yes"
This question will be resolved based on the "Monthly New Residential Sales" reports, which is issued throughout the year by the US Census Bureau.