Coronavirus will shrink US home prices by 2-3% nationally, Zillow forecasts, but deeper dive could be in store
Home prices will fall 2-3% this year, according to Zillow As a comparison, home prices dropped just more than 27% nationally during the Great Recession, from their peak in 2006 to the trough in 2012, according to the S&P Case-Shiller Indices. Zillow predicts a very fast 50-60% decline in home sales, which would bottom by the…