I don’t think it will happen again because of the factors you’ve mentioned, but I don’t think it should be entirely dismissed as nothing to worry about either. Especially since every single expert in the housing market knows Spring is when home sales increase and reaching the lowest level not seen in 15 years during what’s supposed to be…
I don’t think it will happen again because of the factors you’ve mentioned, but I don’t think it should be entirely dismissed as nothing to worry about either. Especially since every single expert in the housing market knows Spring is when home sales increase and reaching the lowest level not seen in 15 years during what’s supposed to be a very busy time of year is absolutely a major red flag on the US Economy that deserves noting.
I’d bet a lot that the next economic reports will show how much damage Trump’s tariffs have done to the country (and likely won’t show the entire extent either).
Oh, on the contrary, I am not being dismissive. Your points are valid.
I think though a recession in the future is not out of the ordinary. Economist Mark Zandi had recently given a 40% chance that the U.S. economy could enter a recession but he’s also looking at other factors such as jobs added per month.
The severity of any recession or slowdown is however mitigated by more evidence of economic growth. The housing market may be going through problems but on the flipside the commercial real estate market is picking up (at least with cities like San Francisco).
I don’t think it will happen again because of the factors you’ve mentioned, but I don’t think it should be entirely dismissed as nothing to worry about either. Especially since every single expert in the housing market knows Spring is when home sales increase and reaching the lowest level not seen in 15 years during what’s supposed to be a very busy time of year is absolutely a major red flag on the US Economy that deserves noting.
I’d bet a lot that the next economic reports will show how much damage Trump’s tariffs have done to the country (and likely won’t show the entire extent either).
Oh, on the contrary, I am not being dismissive. Your points are valid.
I think though a recession in the future is not out of the ordinary. Economist Mark Zandi had recently given a 40% chance that the U.S. economy could enter a recession but he’s also looking at other factors such as jobs added per month.
The severity of any recession or slowdown is however mitigated by more evidence of economic growth. The housing market may be going through problems but on the flipside the commercial real estate market is picking up (at least with cities like San Francisco).