CoreLogic says that housing recessions do not always lead to overall recessions. In fact, in recent years, housing downturns are batting just .500 with that correlation.
"Recently, housing has been losing its status as a reliable predictor of recessions," its economist, Thomas Malone, wrote in a report issued Nov. 7.
"The connection has been weaker statistically. If there is a recession next year, housing will be at two for four since 2000.
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