Market Watch - 6 Aug. 2021

A new eviction moratorium was issued by the CDC on Aug. 3 in response to the "fourth wave" of Covid-19 Delta/Lambda variants. The Supreme Court already overturned the previous eviction moratorium, but didn't halt it. It expired on July 31.
Congress refused to place a new moratorium as requested. The CDC then issued a "new" moratorium that only applies to areas with heightened infection rates, which is about 90 percent of the United States. The center stated this was a "new" moratorium rather than an extension of the old moratorium that the SCOTUS ruled unlawful.
The National Association of REALTORS joined with state affiliations to challenge the CDC moratorium. Until those cases are settled at the Supreme Court, Covid cases go into sharp decline, or Oct. 31 - whichever happens first - the moratorium will stay in place.

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