Why the Housing Market Is Not in Recession

Knowledge at Wharton, Sept. 6, 2022–Fernando Ferreira
Housing sales are falling in response to rising interest rates, but the real estate market is not in a recession, according to Wharton’s Fernando Ferreira. He explains why the persistent lack of supply will continue to put pressure on homebuyers.
https://knowledge.wharton.upenn.edu/article/why-the-housing-market-is-not-in-recession/