ST. LOUIS: US real estate became a hot commodity during the Covid-19 pandemic, but an industry survey released on Tuesday (Wednesday in Manila) said vacation homes were even hotter, underscoring how those who could afford it sought comfort far from cities despite the economy's collapse.

The share of vacation homes sold out of all existing home sales is usually around 5 percent annually, but in 2020 it climbed to 5.5 percent and was at 6.7 percent for the first four months of 2021, the National Association of Realtors (NAR) said, with the ratio hitting 8 percent in April 2021 alone.

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