CPI Decreasing? Where is the Housing Recession? 2023 Real Estate Trends

Will there be a housing recession in 2023? We look at CPI and PPI data (Consumer Price Index and Producer Price index) and current trends in housing to determine if buyer demand has fallen off substantially to cause a housing recession in 2023.

67% of economists have predicted that there will be a recession in 2023 but these same economists predicted 2022 would have a recession and it did not. We will talk about housing trends in 2023 and into 2024 and the outlook for the housing market going forward.

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