HOUSING RECESSION IS NOW OFFICIAL, BUT WON’T BE LIKE PRIOR DOWNTURNS
HOUSING RECESSION IS NOW OFFICIAL, BUT WON’T BE LIKE PRIOR DOWNTURNS
It’s official: the U.S. housing market is in a recession—at least, that’s the consensus of the some of the industry’s leading economists. However, how the downturn is playing out is proving to be quite nuanced, geographically varied and, well, confusing.
Higher construction costs are weighing down both...
Aug 30, 2022