The American housing market is suffering its second-largest price correction since the end of World War II, and one expert attributes it partly to people’s concerns about economic issues.
The American housing market is suffering its second-largest price correction since the end of WWII, and one expert attributed it partly to people’s concerns about economic issues.
“And the other thing is uneasiness regarding the economy. And I think the shoe to drop there would be if we start seeing layoffs, and we start seeing unemployment starting to rise, I think that could be something that causes a leg down in the housing market in a big way.”for the third straight month in September, which drew attention to the stress the Federal Reserve’s battle against inflation has caused the market, according to Breitbart News.
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