Updated: Boston Real Estate Blog 2023
Byline – John Ford Beacon Hill Condo Broker
Top economist sees housing recession in the horizon
South Boston Condos for Sale and Apartments for Rent
Top economist sees housing recession in the horizon
The housing market is long been seen as an early warning sign for recessions, and one data point in particular has caught the attention of Moody’s Analytics chief economist Mark Zandi.
Even though it’s less than 50%, Zandi pointed out that the probability has never been that high previously without the economy eventually slipping into a downturn.
Peace be with you
South Boston Condos for Sale and Rent
Loading...
Click Here to view: Google Ford Realty Inc Reviews
Updated: Boston Real Estate Blog 2025
Top economist sees housing recession in the horizon
Home sales decline may show a worse than anticipated housing recession, says Moody’s Mark Zandi.
Key Housing Points:
- Housing market most sensitive to higher interest rates
- Anticipate significant real estate price cuts
- Slower hiring growth.
- Softer job numbers ahead.
- Remote work is here to stay
- Home sales declines worse than anticipated.
Updated: Boston Real Estate Blog 2023
Byline – John Ford Beacon Hill Condo Broker
