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.