Is the Housing Market in a Bubble? How the Indicators Today Compare With the Great Recession
Realtor.com
DECEMBER 20, 2022
Then, quite suddenly, the market seemed to seize up and prices and sales began falling. Last month, Federal Reserve Chair Jerome Powell said the COVID-19 pandemic market had been in a “housing bubble.” Something new and dramatic would likely be necessary in order to set off another collapse. Sound familiar?
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