- Luxury Daily - https://www.luxurydaily.com -

Recession could halt consumers’ real estate purchase plans

Realtor.com's report found half of buyers would hold off on buying until the economy recovers. Image credit: Realtor.com


Amid growing consumer concern that a recession will hit in the next three years, a new survey finds that in the event of an economic downturn, half of homebuyers would put their housing search on hold.