CoreLogic Releases Report Detailing Housing Market Cycle Since 2006

CoreLogic has released a new report detailing the housing market “boom and bust” cycle that has occurred during the past 11 years. The report, “Evaluating the Housing Market Since the Great Recession,” uses housing market data gathered from 2006 through December 2017. As per the report, residential home prices began to peak in some parts of the country as early as 2005, but then collapsed in 2007 when Wall Street began to back out of residential mortgage-backed securities.

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Source: Mortgage ORB