The IMF just updated its economic projections for this year and the year after. The bad news is that this year, economic output is expected to plunge almost 5%. The good news is that output next year is expected to spike at a faster rate than this year's plunge, at almost 5.5%.

The New York Times recently published an article titled, Real Estate Prices Fall Sharply in New York (July 2020), and the title speaks for itself.