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housing bubble refers to a situation where housing prices rise rapidly and become overvalued, creating a market that is unsustainable. This can lead to a sudden drop in prices, causing economic instability and financial losses for homeowners and investors.
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«housing»
«bubble»
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Phrases with «housing bubble»
Sentences with «housing bubble»
- The same report notes than nearly eight million homes were lost to foreclosure after the 2008 housing bubble burst, while household incomes have fallen back to 1995 levels. (sparkrental.mysmartmove.com)
- This isn't the first time that economists are warning of housing bubbles forming around the world. (cnbc.com)
- Last year the ability of the average Canadian to own a home was at its lowest point since the last housing bubble in 1990. (moneysense.ca)
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