What Would a Recession Mean for the Housing Market? [INFOGRAPHIC]

August 26, 2022
10:58 am

Tony Meier & Team. 37 years. 798 closed sales. $249M+ in closed volume since 2020.

Some Highlights

If you’re wondering what a potential recession could mean for the housing market, here’s what history tells us.
In four of the last six recessions, home prices actually appreciated, only falling during the early 90s and the housing crash in 2008. Mortgage rates, though, declined during each of the previous recessions.
If you have questions about buying or selling a home in today’s market, let’s connect.

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Wednesday Market Update – Eastside Residential Market Stats as of 8/31/22:

Tony Meier & Team

37 years experience. 798 closed sales. English Hill resident since 2001. 217 sales serving the English Hill Area.

425-466-1000 | tony@eastsidehomes.com | EastsideHomes.com

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Tony Meier & Team
Windermere Northeast
11411 NE 124th St #110, Kirkland WA 98034
425-466-1000
tony@windermere.com

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Latest Market Updates

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July 22, 2026

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July 8, 2026

Post-Holiday Data Is Deeply Distorted — Reading Through the Noise | Seattle’s Eastside Real Estate Update 07-08-26

This week's headline numbers are the most extreme readings of 2026, but they arrive with the Independence Day holiday firmly stamped on them. Pending fell to 72, MOI jumped to 5.78, and active listings declined for the first time all year. A clean read of underlying market conditions will not be available until next week.

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Pending Jumps 37% Ahead of the Holiday — Reading the Reversal in Context | Seattle’s Eastside Real Estate Update 07-01-26

Pending sales jumped 37% this week to 137, MOI pulled back to 3.10 returning to balanced territory, and active listings barely grew for the first time all year. But pre-holiday timing complicates the read, and next week's Independence Day suppression is likely to reverse the pending signal.

June 24, 2026

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June 17, 2026

Rates Ease Modestly as Inventory Hits Another 2026 High | Seattle’s Eastside Real Estate Update 06-17-26

The data this week reads in mixed directions: rates eased to 6.62%, pending sales firmed modestly to 126, and active listings climbed to 1,771 — another 2026 high. Four short-term signals moved in sellers' favor this week, but the structural conditions defining 2026 remain in place.

June 10, 2026

Pending Sales Drop 17% Below Last Year as Rates Match the Post-Conflict High | Seattle’s Eastside Real Estate Update 06-10-26

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June 3, 2026

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Client References

Client Recommendation: A Sunrise Sale Done Right in Redmond

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If you want an agent who is patient, strategic, and deeply knowledgeable, we highly recommend their services.

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What Would a Recession Mean for the Housing Market? [INFOGRAPHIC]

Some Highlights

Thinking about a move on the Eastside?

Tony Meier & Team

Contact Us

Get the Weekly Update

Recent Listings & Sales

Latest Market Updates

Client References

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