Coronavirus will shrink US home prices by 2-3% nationally, Zillow forecasts, but deeper dive could be in store

Posted from: https://www.cnbc.com/2020/05/04/coronavirus-will-shrink-us-home-prices-by-2-3percent-nationally-zillow-forecasts-but-deeper-dive-could-be-in-store.html

Home prices have only fallen nationally once since the Great Depression, and that was after the subprime mortgage crisis and the Great Recession. Now, barely eight years after hitting bottom, and after a mighty recovery, prices are predicted to fall nationally again, down 2-3% this year, according to Zillow….

Posted from: https://www.cnbc.com/2020/05/04/coronavirus-will-shrink-us-home-prices-by-2-3percent-nationally-zillow-forecasts-but-deeper-dive-could-be-in-store.html

Home prices have only fallen nationally once since the Great Depression, and that was after the subprime mortgage crisis and the Great Recession. Now, barely eight years after hitting bottom, and after a mighty recovery, prices are predicted to fall nationally again, down 2-3% this year, according to Zillow….

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