NJ April - State Report

Market Report provided by NJ Realtors

While the stock market recovered significantly in March, the effects of COVID-19 to the economy continue to build. In just the last four weeks, more than 20 million people nationwide filed initial unemployment claims according to the United States Department of Labor, including nearly 600,000 claims filed in the State of NewJersey alone. In the face of these challenging times, real estate activity in Aprilslowed significantly.