As a result, there was an increased sale of the previously owned home in the US. It saw the prospective homeowners look for options beyond the main city center to escape the pandemic and reap the benefits of remote working. The residential space sector wasn’t immune to the pandemic either. The commercial sector was badly impacted, especially the ones dealing with office and retail space, was badly impacted. ![]() Like other industries, the global real estate sector also had to bear the brunt of the pandemic. Some common real estate forms are residential, commercial, land, and industrial. The real estate sector is critical to a nation’s economy.
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