The phrase "housing slump" refers to a period when the demand for houses decreases, causing prices to fall and the overall housing market to become slow and less active. Full definition
The resulting housing slump from the recession continues to affect a slow but steady recovery. (localresumeservices.com)
As the national housing slump deepens, developers are offering up a slew of services to help the elderly sell their existing homes so they can move into new projects. (nreionline.com)
«Historically, California has shown vulnerability as the center of the highly volatile tech industry and is reliant on personal income taxes, while Florida was the epicenter of the most recent housing slump,» Raimes says. (nystateofpolitics.com)