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

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

How to Judge the Impact of the Next Economic Slowdown on Housing | MyKCM

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.


Lance Whipple PA Headshot
Author:
Phone: 407-494-6030
Dated: August 1st 2019
Views: 100
About Lance: Lance is a Retired Air Force Officer and skip-generation real estate agent -- his grandparents ran a...

Property Search









RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

The 1 Reason It Is Difficult To Find Your Dream Home - The #1 Reason It Is Difficult to
Four Tips For Selling Your Central Florida Home In A Hurry - Four Tips for Selling Your Central
A REAL STEAL BALMORAL RESORT TOWNHOME IN THE DISNEY AREA FLORIDA -   Resort Style Living
Choosing Your First Home - Can I Afford the House I want?One

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

EXIT Realty Champions
7830 Lake Wilson Road
Davenport, FL
863-292-6217
321-445-5568