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BALTIMORE — Americans stepped up their home purchases in June by a robust 20.7% after the pandemic had caused sales to crater in the prior three months. But the housing market could struggle to rebound further in the face of the resurgent viral outbreak and a shrinking supply of homes for sale. Sales of existing homes rose last month to a seasonally adjusted annual rate of 4.72 million, the National Association of Realtors said. Their data showed all four regions of the country saw growth, with the west experiencing a larger increase. The data included single-family homes, townhomes, condominiums and co-ops. Despite the sharp monthly gain, purchases are still down 11.3% from a year ago, when homes had sold at an annual pace of 5.32 million.Inventory remains an issues, according to the National Association of Realtors (NAR). A low number of available homes was an issue before the pandemic. Total inventory is down 18.2 percent from a year ago, according to the data. The low supply and increasing demand could cause a spike in the price of homes.“Home prices rose during the lockdown and could rise even further due to heavy buyer competition and a significant shortage of supply," said Lawrence Yun, NAR’s chief economist.The median price for exisiting-home sales in June was 3.5 percent higher than a year ago. This is an ongoing trend, NAR says the median price has increased each of the last 100 months. 1428
As questions arise over when a coronavirus vaccine should be granted FDA approval, the leaders of several major pharmaceutical companies announced they have signed a pledge not to rush the development of a vaccine.The companies, AstraZeneca, BioNTech, GlaxoSmithKline, Johnson, Merck, Moderna, Novavax, Pfizer and Sanofi, released a joint statement on Tuesday confirming the pledge.The pledge includes the following points:Always make the safety and well-being of vaccinated individuals our top priority.Continue to adhere to high scientific and ethical standards regarding the conduct of clinical trials and the rigor of manufacturing processes.Only submit for approval or emergency use authorization after demonstrating safety and efficacy through a Phase 3 clinical study that is designed and conducted to meet requirements of expert regulatory authorities such as FDA.Work to ensure a sufficient supply and range of vaccine options, including those suitable for global access.There has been pressure on both the FDA and manufactures to develop and approve a vaccine for the coronavirus. There have been more than 190,000 coronavirus-related deaths in the US since March, and the economic impact of the virus has cost millions of jobs.While most developed countries have not had the same public health pain as the US, the economic impact of the virus has been felt worldwide. The International Monetary Fund estimates a nearly 5% loss in global GDP in 2020.In Russia, the country claimed to begin distributing a coronavirus vaccine despite US-based vaccine candidates likely being months away from being able to demonstrate efficacy.The pressure domestically has also ratcheted up as President Donald Trump has suggested a vaccine could be ready by this fall’s presidential election."We're going to have a vaccine very soon... maybe even before a very special date, you know what date I'm talking about,” Trump said on Monday.In late August, the CDC told states to begin to prepare distributing a vaccine by Nov. 1. But Surgeon General Jerome Adams said that just because states will be ready to help distribute a vaccine on Nov. 1 does not mean a vaccine will be ready by then."We've always said that we're hopeful for a vaccine by the end of this year or the beginning of next year,” Adams told Good Morning America."We want to make sure states are available to distribute it," he added.The companies signing on the pledge said that the FDA has strict protocols for vaccine candidates. A typical vaccine trial takes one to three years, but the companies believe only a safe and effective vaccine will be granted approval.“FDA has established clear guidance for the development of COVID-19 vaccines and clear criteria for their potential authorization or approval in the US,” the companies wrote in the pledge. “FDA’s guidance and criteria are based on the scientific and medical principles necessary to clearly demonstrate the safety and efficacy of potential COVID-19 vaccines. More specifically, the agency requires that scientific evidence for regulatory approval must come from large, high quality clinical trials that are randomized and observer-blinded, with an expectation of appropriately designed studies with significant numbers of participants across diverse populations.” 3296

At the end of summer, Christina Curfman would typically be rushing to prepare her second-grade classroom. However, it's different this year.“I started a garden,” said Curfman. “I’ve never planted vegetables my entire life, but my mom always had a garden, and I love it.” Her newfound happiness is coming with just as much heartbreak. “I submitted my retirement papers,” said the teacher of 28 years. It was a tough decision, but with COVID-19 threatening the in-person relationships she loved so much while teaching, she was forced to reconsider going back to school. “I had a student ask me, ‘Is this coronavirus going to kill us all?’ and I was like, ‘Oh my goodness. I’m not doing this anymore.’” Curfman knew her body couldn’t take the risk. “I have an autoimmune disorder. It’s similar to Rheumatoid Arthritis, so I have trouble walking," she explained. "The medications that I take kind of lowers your immune system, too.” On top of that, a few years ago, she spent weeks in the hospital for a blood clot in her lung. “I was saying goodbye to friends and family. It looked pretty dire, it looked like I wasn’t going to make it, and I wasn’t willing to test that again,” recalled Curfman. 1207
At a rally on Sunday, President Donald Trump said that he might fire Dr. Anthony Fauci, his administration's top infectious disease expert, shortly after Tuesday's election.At a rally in Opa-Locka, Florida on Sunday, supporters broke into a "Fire Fauci!" chant as Trump discussed the COVID-19 pandemic."Don't tell anyone, but let me wait 'til a little bit after the election," Trump said.The comments marked the first time that Trump has publicly indicated that he may fire Fauci, who has been the head of the National Institute for Allergies and Infectious Diseases since 1984.Fauci, a member of the White House's corornavirus task force, has consistently been the most plain-spoken Trump administration official when speaking about the challenges the country faces amid the pandemic.Trump has publicly criticized Fauci throughout the pandemic. In October, with COVID-19 cases on the rise, Trump tweeted an attack on Fauci. Days later, during a campaign call, Trump called Fauci a "disaster" and said he and other health experts were "idiots."Polling has shown that Americans consistently believe that they trust Fauci more than Trump when it comes to handling COVID-19.In the past, Fauci has implied that the White House has limited the number of media appearances he can make, and has also said an ad by the Trump campaign took him out of context. 1358
ASHEVILLE, North Carolina (WLOS) —Police have identified their suspect after a standoff put multiple establishments near the well-known Biltmore Estate on lockdown Wednesday morning.Asheville Police say they entered a foot pursuit with Gary Adrian Church, 42, of Ronda, N.C., at approximately 9:34 a.m. local time. Church had open warrants for several robberies in Asheville, as well as Burke and Iredell Counties.The suspect fled on foot and into the woods behind the DoubleTree Hotel and TGIFriday’s in Biltmore Village.As a safety precaution, several businesses in the area, including MAHEC, DoubleTree Hotel, TGIFriday’s and the Hampton Inn were all placed on lockdown.The Asheville Police Department’s Crisis Negotiation Team responded to the area and stayed in constant communication with Church. After approximately 3 hours, the suspect was taken into custody with no further incident.No injuries were sustained by officers or the suspect.Police say rumors of an active shooter that had been circulating on social media were incorrect. 1055
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