Since 2022, demand has followed a predictable seasonal pattern—higher in summer, lower in winter. If interest rates dip in 2026, demand could surge quickly—so buyers who are financially ready now should snag a home sooner rather than waiting.

January 18, 2023 - “Tighter monetary policy from the Federal Reserve and persistently elevated construction costs has brought on a housing recession,” Robert Dietz, the NAHB chief economist said.

October 4, 2022 - For context, this is the highest the figure has been since the Great Recession, when it was 14,923. Relative to wages, home prices are beyond reach for a majority of working Americans, meaning the demand for homes is unlikely to return without a substantial correction to real estate prices. Clearly the real estate market is backtracking some from its red-hot growth the past few years. Depending on who you ask, the housing market may be subject to a widespread, debilitating recession akin to the 2008 housing crash, a more mild pullback or a simple slow in home price growth.

September 30, 2025 - Lower mortgage rates: Recessions usually bring down mortgage rates, as seen in 2020. Even a 0.5% drop in rates can save tens of thousands over the life of a loan. Increased housing options: With fewer buyers in the market, your chances of securing ...

July 18, 2022 - From an economist’s point of view, those loans created a lot of unsustainable demand; thankfully we don’t have to worry about those products in 2022. However, could today’s vacation-rental-by-owner craze be creating some difficulty in sustaining demand? If your market is an area that has a lot of tourism, you might be experiencing home sales that are driven by VRBO demand. The question is, how will the upper-middle-class investor who has jumped into buying rentals handle reduced rental demand and income during a recession?

November 3, 2025 - In a previous interview with Newsweek, Zandi said that the U.S. housing market has "been troubled since mortgage rates went up" following the Federal Reserve’s 2022 aggressive rate-hiking campaign to combat the rise of inflation. "Most of the problems have been with regard to sales. They’ve been very depressed because of the interest rate lock, the housing lock. But the thing that’s going to be problematic, and this adds to the concerns about a recession here in the second half the year going into next, is homebuilding."

August 23, 2022 - For example, sales of existing homes in July fell by 5.9% from June, marking the sixth straight month of a decline — and a drop of more than 20% from a year earlier. What's more, there have been layoffs and slower job growth in the industry, ...

November 24, 2025 - The lower values come as the housing market has been frozen for much of the past three years after rate hikes from the Federal Reserve in 2022 and 2023 sent borrowing costs higher, discouraging homeowners from giving up their existing ultralow ...

July 15, 2022 - “This means that the demand for homes will be as high, if not higher, while inventory will still be behind in the demand’”(Forbes Advisor 2022). ... According to Investors Place, a recession may realign or slow the price incline of the ...

Rising mortgage rates, high inflation, low existing inventory and elevated home prices caused housing affordability to fall to its lowest point since the Great Recession in the second quarter of 2022.

December 10, 2022 - What should we expect from the U.S. housing market (Photo by Tim Boyle/Getty Images)Getty Images · The second half of 2022 has seen declining house prices. However, prices remain up year-on-year based on steady price gains in the first half ...

October 12, 2022 - Still, a recession would impact the market — just not drastically, Dhingra says.

December 21, 2022 - Annual new-home sales likely will be down 17% for 2022, returning to pre-pandemic levels. While home sales were falling, home prices mostly remained resilient. After climbing 10% this year, home prices likely won’t change next year, Yun forecasts.

August 15, 2025 - The short answer is: Absolutely not. Despite record-high inflation, real estate investors and homeowners should not be worried about it causing a drop in housing prices because real estate has always been the best hedge against inflation.

The housing market has been in a recession since 2022, when the Fed tightened rates. But it was in a bubble in some market before that so it had to be done.

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October 28, 2022 - Just as in 1981, the 2022 housing market has deteriorated in the face of a historic mortgage rate shock.

February 9, 2024 - After booming for two years during the pandemic, the U.S. housing market experienced a significant price correction between late summer 2022 and spring 2023.

May 9, 2023 - House prices in the US have stabilized this year after dipping slightly in 2022.Photographer: Joe Buglewicz/Bloomberg ... One big reason to continue to believe this is no 2008-style financial crisis in the making is the housing market, which has held up well. That means, we’re more likely to experience a garden-variety recession, and I think it will happen sometime later this year.