Source: Laura Kusisto of the Wall Street Journal
Our nation’s economy experienced one of the strongest six month periods in decades during Q2 and Q3 of the past year. Yet, the housing market grew increasingly stagnant. The nationwide slowdown is led by the the same cities that have had the strongest growth following the previous recession: Seattle, Denver, New York City, Boston and the Bay Area. Wall Street Journal reporter Laura Kusisto states this decline as “the longest slump in more than four years.” Kusisto dives into further data, graphics and stories of how market pressures have affected new people in the full article.