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Sign into your accountWhat Does a Possible Economic Recession Mean for the Housing Market?
September 20 2019
By now you've likely heard murmurings of an impending economic recession. According to the National Association for Business Economics' Economic Policy Survey, three out of four of the business economist panelists expect a recession by 2021. But let's hold off on the panic button for just a minute, because this does not necessarily mean a downturn in the housing market.
In fact, historically, it can mean quite the opposite.