2min chapter

Face the Nation with Margaret Brennan cover image

Economic Outlook and Foreign Policy

Face the Nation with Margaret Brennan

CHAPTER

Is the Housing Market in a Recession?

Housing is under a tremendous affordability shock right now as home prices nationally are still up about 40% relative to pre-pandemic times. We will likely risk recession in 2023 but beyond that, I think it's still a very positive outlook for the US.

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