When did the real estate bubble burst?

Collapsing home prices from subprime mortgage defaults and risky investments on mortgage-backed securities burst the housing bubble in 2008. Real estate prices rose steadily in the United States for decades, with slowdowns caused only by interest rate changes along the way.

When did the housing bubble burst?

Housing prices in the U.S. rose sharply from the early to mid-2000s, followed by a sharp drop after 2007. 1 This period of accelerated price increases is often called the “housing bubble” and its decline is known as the “housing bubble burst.” Concurrent with this housing bubble bursting was a serious economic downturn.

Will a slowing housing market cause a housing bubble to burst?

Shiller, a founder of the Case–Shiller index that measures home prices, wrote an article a year before the collapse of Lehman Brothers in which he predicted that a slowing U.S. housing market would cause the housing bubble to burst, leading to financial collapse.