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63% of Homebuyers Brace for Recession Amid Economic Woes

5/22/2025

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Summary

Story summary

63.4% of U.S. homebuyers anticipate a recession within a year, hoping for lower home prices.
Economic uncertainty and high mortgage rates hinder home buying, even as some analysts reduce recession forecasts.
JPMorgan's CEO cautions about inflation risks and market complacency, despite recent U.S.-China tariff reductions.

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Story summary

63.4% of U.S. homebuyers anticipate a recession within a year, hoping for lower home prices.
Economic uncertainty and high mortgage rates hinder home buying, even as some analysts reduce recession forecasts.
JPMorgan's CEO cautions about inflation risks and market complacency, despite recent U.S.-China tariff reductions.