Sentences with phrase «previous real estate downturns»
Not exact matches
The previous peaks in housing investment preceded the real estate downturns in the late 70s and late 80s, as overbuilding ultimately led to excess supply.
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During our worst depressions and in all the major market downturns in our history, real estate prices have always come back and gone higher than previous market prices.
Most surveys were taken during the summer of 2001, but follow - up questions after the Sept. 11 attacks on New York and Washington, D.C., show that the real estate industry remains a bystander rather than a driver of the economic downturn, with events only amplifying previous industry weak spots.