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Recession ahead: Next downturn will come in 2020, Zillow survey suggests

Posted at 8:46 AM, Jul 26, 2019
and last updated 2019-07-26 11:46:34-04

The nation's longest running economic expansion is expected to last until 2020, when a panel of housing experts and economists thinks the next recession will begin.

Zillow on Thursday released its second-quarter Home Price Expectations Survey, which asked more than 100 real estate economists and experts about the national housing market and their expectations about the next recession.

Half said the next recession will start in 2020, with nearly one in five identifying the third quarter as the likely beginning.

Another 35 percent said the current expansion will end in 2021.

Read more from the Phoenix Business Journal.