2019 In Real Estate: Bursting Bubbles Or Best-In-Class? [Forbes]
CORELOGIC (CLGX)
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Source: Forbes
2019 In Real Estate: Bursting Bubbles Or Best-In-Class? 90% of U.S. markets saw price gains in 2018, which suggests that predictions of a new bubble are overwrought PROPY always bounce back, but sometimes the climb back to the heights is slower than the drop from them. The U.S. real estate market, like the rest of the economy, took years to recover from the shock of the 2008 financial crisis. Though observers were pleased with the market in 2017 for the first time in nearly a decade, 2019 is already off to a rocky start, and so skeptics worry that another recession is en route. Price prediction It’s true that some high-priced markets saw market declines; a global pullback of Chinese investors West Coast Lawrence Yun predicted In November 2018, housing sales volume suffered a 1.5% year-on-year decrease, but prices rose and are expected to continue rising throughout 2019. A strong economy, coupled with low supply a 3.1% price increase in 2019 and a 1% increase Lack of supply There’s a
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