Portland Area Home Sales | History Proves Recession Doesn’t Equal a Housing Crisis [INFOGRAPHIC]
Posted by Peak Realty on Friday, June 3, 2022 at 8:02 AM By Peak Realty / June 3, 2022 Comment
- It’s important to understand history proves an economic slowdown does not equal a housing crisis.
- In 4 of the last 6 recessions, home prices actually appreciated. Home prices only fell twice – minimally in the early 90s and then by nearly 20% during the housing crash in 2008.
- If you have questions, let’s connect to discuss why today’s housing market is nothing like 2008.
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