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Housing economists point to five main reasons that the market will not crash anytime soon: low inventory, lack of new-construction housing, large amounts of new buyers, strict lending standards ...
Much of the data surrounding this year's housing market points toward a delicate recovery period -- perhaps softening the pain of continued Fed rate increases. While signs are pointing upward ...
If you have been waiting for prices to drop to buy a house, 2023 could be your year. However, the fall in housing prices doesn't bode as well for current homeowners -- or the overall U.S. economy....
Home prices rose by nearly 20% over the last year, an astonishing rate of growth that was faster and more intense than even the run-up to the housing crash of 2008, according to Fortune -- and that...
The crash of the Japanese asset price bubble from 1990 on has been very damaging to the Japanese economy. [22] The crash in 2005 affected Shanghai, China's largest city. [23] As of 2007, real estate bubbles had existed in the recent past or were widely believed to still exist in many parts of the world.
The COVID-19 pandemic is an ongoing viral pandemic of coronavirus disease 2019 (COVID-19), a novel infectious disease caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The pandemic affected the city of Columbus, Ohio , as Ohio's stay-at-home order shuttered all nonessential businesses, and caused event cancellations into 2021.
Ohio's housing shortage is a long-term threat to the growth that Columbus area has been fortunate to experience.
In the first two quarters of 2022, U.S. gross domestic product (GDP) posted its first two declines since the COVID-19 recession; decreasing at an annual rate of 1.6% in the first quarter of 2022 and a 0.9% annual rate in the second quarter. [6] GDP growth rates in the European Union also slowed significantly in the first half of 2022. [7]