Excluding the Great Recession, a study of 1,039 state-level recessions since the year 1997 showed that home values remained at the same growth as at other times.
Excluding the great housing recession of the late 2000s, the housing values continued to grow during national and state recessions over the past 25 years, according to a new analysis.
The USA achieved its greater economic expansion of all-time this summer, although growth is slowing. A recent survey sponsored by Zillow and conducted by Pulsenomics LLC found that a panel of housing experts and economists expect the next recession to begin in the third quarter of 2020. Demand for housing is expected to cool during the next recession, but few believe that the housing slowdown will be a significant factor in causing this.
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