Industry News

‘Soft landing’ for housing ‘no longer in the cards’

But economists say downswing will not drag economy into recession
Published on Oct 4, 2006

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

The housing market downturn looks rougher than the soft landing housing analysts had been expecting, but some economists are saying the downswing will unlikely lead the economy into recession. Historically low interest rates, an overall economy that is still pushing ...