SEATTLE–The next US recession will be in 2020 and it will likely be triggered by monetary policy, according to most recent Zillow Home Price Expectations quarterly survey of more than 100 US real estate experts, which is conducted by Pulsenomics.
Almost half (48%) of those surveyed said they expected the next recession to occur some time in 2020, with the largest portion of those (22% of all respondents) saying they expected that recession to begin in the first quarter of that year. Roughly a quarter (24%) of all respondents said they expected the next recession some time in 2019, while 14% said they thought 2021 was the year.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
