Latest Breaking News On - தோட்டம் நிலை தள்ளுபடி மதுபானங்கள் - Page 1 : comparemela.com
File photo
At first the coronavirus pandemic slowed New Jersey’s real estate market, but a huge rebound followed, even as many other industries struggled.
“It’s COVID-19, that’s probably one of the main reasons,” said Robert White, a Monmouth County realtor who noted buyers fleeing New York City have driven demand in his region.
The surge in home sales means a boost for New Jersey’s bottom line since it generates more revenue from a tax on real-estate transactions.
And real estate is not the only industry seeing a rise in sales during the pandemic and with it a corresponding lift in state revenues.
Jersey
New-york
United-states
Pennsylvania
Monmouth-county
New-jersey
Jennifer-sciortino
Teds-warren
Paul-santelle
Phil-murphy
Robert-white
Dini-ajmani