What Would a Recession Mean for the Housing Market? [INFOGRAPHIC]

Posted by Lauren Perreault on Friday, August 26, 2022 at 8:17 AM By Lauren Perreault / August 26, 2022 Comment

What Does a Recession Mean for the Housing Market? [INFOGRAPHIC] | MyKCM

If you're wondering what a potential recession might mean for the housing market, here's what history has to say.
In four of the previous six recessions, home prices actually increased rather than declined, with the exception of the early 1990s and the housing crisis in 2008. However, mortgage rates dropped during each recession.
Connect with The Perreault Group if you have concerns about purchasing or selling a home in today's market.