How To Judge The Impact Of The Next Economic Slowdown On Housing

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Daniel Villacis - Broker

Modern Day Real Estate
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Cell: (203) 667-4475

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Gabriela Villacis

Modern Day Real Estate
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Cell: (203) 962-4006

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Edison Andrade - Real Estate Agent

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Irving Andrade
Irvin Andrade - Buyers Consultant

Modern Day Real Estate
Cell:(203) 428-1911

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Dimitrios Dimitroglou

Modern Day Real Estate
Cell: (203) 856-1834

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Modern Day Real Estate
Cell: (203) 243-0735

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Modern Day Real Estate

482 Summer Street, Suite #5
Stamford, CT 06901
Call Us at (203) 408-3001

We’ve experienced economic growth for almost a decade, which is the longest recovery in the nation’s history. Experts know a recession can’t be too far off, but when will this economic slowdown actually occur?

Pulsenomics just released a special report revealing that nearly 6 out of 10 of the 90 economists, investment strategists, and market analysts surveyed believe the next recession will occur by the end of next year. Here’s the breakdown:

  • 9% believe a recession will occur this year
  • 50% believe it will occur in 2020
  • 35% believe it will occur in 2021
  • 6% believe it will occur after 2021

When asked what would trigger the next recession, the three most common responses by those surveyed were:

  1. Trade Policy
  2. Stock Market Correction
  3. Geopolitical Crisis

How might the recession impact real estate?

Challenges in the housing and mortgage markets were major triggers of the last recession. However, a housing slowdown ranked #9 on the list of potential triggers for the next recession, behind such possibilities as fiscal policy and political gridlock.

As far as the impact the recession may have on home values, the experts surveyed indicated home prices would continue to appreciate over the next few years. They called for a 4.1% appreciation rate this year, 2.8% in 2020, and 2.5% in 2021.

Bottom Line

On the same day, in the same survey, the same experts who forecasted a recession happening within the next 18 months also claimed housing will not be the trigger, and home values will still continue to appreciate.

Talk to a Real Estate Expert today.

daniel-villacis-update
Daniel Villacis - Broker

Modern Day Real Estate
Office: (203) 408-3001
Cell: (203) 667-4475

Contact Daniel
daniel-villacis-update
Gabriela-Villacis
Gabriela Villacis

Modern Day Real Estate
Office: (203) 964-3000
Cell: (203) 962-4006

Contact Gabriela
Gabriela-Villacis
Edison-Andrade-Update
Edison Andrade - Real Estate Agent

Modern Day Real Estate
Cell: (203) 609-1229

Contact Edison
Edison-Andrade-Update
Irving Andrade
Irvin Andrade - Buyers Consultant

Modern Day Real Estate
Cell:(203) 428-1911

Contact Irving
Irving Andrade
mre-photo
Dimitrios Dimitroglou

Modern Day Real Estate
Cell: (203) 856-1834

Contact Dimitrios
mre-photo
mre-photo
Edward Vilorio

Modern Day Real Estate
Cell: (203) 243-0735

Contact Edward
mre-photo

Modern Day Real Estate

482 Summer Street, Suite #5
Stamford, CT 06901
Call Us at (203) 408-3001

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