Real estate is still a popular investment pick. Here’s what you need to know about buying in a downturn

  • Published Mon, May 11 202010:58 PM EDTUpdated Wed, May 13 20209:45 AM EDT

The coronavirus pandemic has made us all a lot more familiar with our homes. But it has also thrown up a great number of questions over the future of the property market. 

While global markets were thrown into turmoil in the early days of the outbreak, the property market, broadly speaking, has remained resilient. As of April, the median U.S. house price rose 8% year on year to hit $280,600.

That’s good news for investors. Real estate continues to rank as the top investment pick for the majority of Americans (35%), ahead of stocks and bonds (21%), savings accounts (17%) and gold (16%).

But the coronavirus has shuttered construction sites across the globe, adding to existing supply shortages. And with many industries and individuals now facing uncertain futures, the phrase “safe as houses” has been shaken. 

CNBC Make It spoke to the experts to find out just what might lie ahead for the future of real estate.