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Mar 11, 2025 ... The Great Recession lasted from 2007 to 2009, and it was extremely impactful on mortgages and the housing market because of the housing crash ... Mar 6, 2025 ... ... prices. It would be a good thing to see more activity in the housing market but that might actually lead to higher prices. Personally, I ... Feb 23, 2024 ... Economic downturns and recessions invariably cause declines in housing market strength. Reduced demand from buyers, sellers, investors, and ... ... house prices mainly reflected swings in mortgage interest rates and income. ... rates resumed falling from recession highs. By mid-2013, the percent of ... Apr 9, 2021 ... Examination of the last 4 recessions (1981-2020) reveals that, on average, the recession impacts house prices by -6.01 percent (adjusted for the ... Dec 14, 2022 ... ... house prices and people who couldn't pay off their mortgages. So with a recession threat looming in 2022-2023, some are nervous about what ... Jun 26, 2020 ... This recession just goes to show an economic downturn doesn't have to be severe and long-lasting to have a profound effect on the housing market ... Aug 31, 2023 ... The Great Recession was caused by lending and investing practices that led to a housing market crash and then a financial system collapse. This could cause property prices to drop, especially since the market conditions are similar to those of the previous recession. A decrease of 10% or more is ... Feb 2, 2023 ... During that time, house prices dropped by nearly 20%, leading to a rapid decrease in home equity values and an increase in foreclosures. The ...