https://t.co/EQKqdh6Azl
Price Drop!— Future Talk (@FutureTalk_X) July 31, 2024
Morgan Stanley: Only 3% chance GDP will decline in 2025. Trust the science! pic.twitter.com/oMupYTLCqa
— Peter Berezin (@PeterBerezinBCA) July 31, 2024
The real estate market is a significant part of the U.S. economy. In 2023, it contributed approximately 18% to the national GDP. This includes residential, commercial, and industrial real estate activities.