4 Reasons Why No Housing Market Crash is Coming, According to Harvard

📆 24/06/2023 01:13 p. m.
📰 BusinessInsider

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Forget about a housing market crash, Harvard researchers say. Here are the 4 reasons they say a repeat of the mid-2000s drop in home prices is unlikely.

millennials are continuing to age into homebuying

, Morgan Stanley's chief US economist, also recently told Insider that millennials and Gen Z homebuyers continuing to enter the market is a major reason she thinks home prices will only fall 2% in 2023.. This is partly because builders have slowed down amid falling demand and higher interest rates.

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