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Q&A talks with Candace Adams, the president and CEO of Berkshire Hathaway HomeServices New England, New York and Westchester Properties.
Connecticut’s housing market is coming off a very unusual year, as the COVID-19 pandemic led to a relative boom in single-family home sales and prices. Can you give a brief overview of what took place in the market?
2020 started off a very strong year for real estate sales in Connecticut. Historically low interest rates and pent-up demand spurred a flurry of activity early in the year.
The market came to a halt in March when COVID cases started rising. It was virtually at a standstill through April, and in May people began to start migrating out of densely populated areas.