//Why housing prices aren’t dropping in the pandemic

Why housing prices aren’t dropping in the pandemic

Rick Nazarro of Colonial Manor Realty talks with interest buyers in the driveway of a home he is trying to sell in Revere, Massachusetts, on May 2. | Blake Nissen for The Boston Globe via Getty Images

The housing market isn’t collapsing.

For house hunters wondering whether the coronavirus crisis might lead to a better deal on an upcoming purchase, there’s some bad news: probably not, at least not right now.

The housing market, somewhat like the stock market, has been okay lately — even during a pandemic, an economic recession, and a landscape where looking two days into the future seems murky, let alone two weeks or two months. It took a significant dive when the coronavirus first took hold in the United States and stay-at-home orders began to be put in place in March, but in recent weeks, it’s begun