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

Understanding the potential impact of a recession on the housing market.
Cheryl Bower  |  October 13, 2022

Infographic compares home price changes and mortgage rate declines across six recessions.

Some Highlights

  • If you’re wondering what a potential recession could mean for the housing market, here’s what history tells us.

  • In four of the last six recessions, home prices actually appreciated, only falling during the early 90s and the housing crash in 2008.

  • Mortgage rates, though, declined during each of the previous recessions.

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