Portland Area Home Sales | A Recession Does Not Equal a Housing Crisis

A Recession Does Not Equal a Housing Crisis [INFOGRAPHIC]

A Recession Does Not Equal a Housing Crisis | MyKCM

Some Highlights

  • The COVID-19 pandemic is causing an economic slowdown.
  • The good news is, home values actually increased in 3 of the last 5 U.S. recessions and decreased by less than 2% in the 4th.
  • All things considered, an economic slowdown does not equal a housing crisis, and this will not be a repeat of 2008.

Source: https://www.simplifyingthemarket.com/en/2020/03/20/a-recession-does-not-equal-a-housing-crisis/?a=365763-dcb30e2e7daccff551cc8d8ee31934af

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