Hot property: Doors open for investors as US property market is booming again

Pandemic stimulus help country take off

The US economic rebound from the depths of the pandemic is rapidly regaining momentum and the numbers prove it.

Annualised Q1 2021 GDP growth was 6.4% according to the US Department of Commerce, the highest number recorded since 1984. To quote US President Joe Biden, America is "ready for take-off".   Unsurprisingly, this renewal of confidence brought about by the accelerating US Covid vaccination programme, coupled with $1.9trn Biden stimulus, has lifted the US stockmarket, with the S&P 500 Index rising more than 11% in the first four months of the year. Consistent 50: American funds take top three spots as European products slump It is arguable, however, that the US property market is prov...