Updated: Boston Real Estate Blog 2023
Byline – John Ford Beacon Hill Condo Broker
Top economist sees housing recession in the horizon
Boston Condos for Sale and Apartments for Rent
Top economist sees housing recession in the horizon
Home sales decline may show a worse than anticipated housing recession, says Moody’s Mark Zandi.
Key Housing Points:
- Housing market most sensitive to higher interest rates
- Anticipate significant real estate price cuts
- Slower hiring growth.
- Softer job numbers ahead.
- Remote work is here to stay
- Home sales declines worse than anticipated.
Updated: Boston Real Estate Blog 2023
Byline – John Ford Beacon Hill Condo Broker
