Don't expect home prices to crash during the next recession the way they typically do in a downturn

Jul 6 2022 by Business Insider

 

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Each recession behaves differently, so don't expect a repeat of the mid-2000s when housing prices crashed.

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Experts predict a recession could hit the US in 2023. During the previous two recessions, home prices declined rapidly. But each recession behaves differently, so don't expect a repeat of the mid-2000s.

What goes up must come down — even if it takes a while.  

The Federal Reserve's attempts to cool inflation have yet to bring the economy to equilibrium. As it approaches a...

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