Comparing the data underpinning today to the leadup to the Great Recession, we will benchmark ITR’s outlook for where the housing market is headed in 2023.
The media has pounced on the recent softening in housing data with some headlines that spark memories of the Great Recession. With a decline in housing construction starts and cooling prices, households are wondering if the scales are tilting back in buyers’ favor, construction companies are recalibrating their production plans for 2023, and businesses are concerned about the overall economy being dragged down by the housing market.
To examine the validity of such sentiments, this webinar will focus on the path that has led the housing market to where it is today and compare it to the path that led to the housing bubble burst in 2007−08. In this webinar, we will:
Comparing the data underpinning today to the leadup to the Great Recession, we will benchmark ITR’s outlook for where the housing market is heading in 2023. Attendees will gain deeper insights into ITR’s housing forecast, helping them hedge against risks the economy is facing and plan for what’s to come.
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