[rootusrootus]

Lots of factors in play, you'd need to bet correctly that the recession will actually affect prices that way in your area.

Also, the yield curves just inverted within the last week, and the average time-to-recession from that point is 12 months. So you may want to wait longer than a year.

Or... just buy something and be done with it, as long as it fits your budget and your income is stable, it's just housing and in the long run it'll probably work out fine anyway. Timing the housing market isn't any easier than timing the stock market.

[nemo44x]

There was a slight inversion but it wasn't on 2-year and 10-year. The recession indicator is from when the 2 and 10-year yield inverts and yes, it's about a year lag.

[rootusrootus]

My bad, I thought 2/10 had inverted earlier this week. Maybe it was just for a short time during the day. Still, they are very close right now.