Which statement best describes why it’s difficult to sell a home during a recession? :)

Mortgage rates are high
Demand greatly increases
Mortgages become unavailable
Or
Housing prices increase

Respuesta :

Answer:

B) Demand greatly decreases.

Explanation:

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Selling a house during a recession is quite difficult because Demand greatly decreases.

What happens to the property market in a recession?

In a recession, the economy is going through a hard time and people will cut back on many expenses in order to survive.

One of these expenses will be home purchasing. There will therefore be less people trying to buy houses which means the demand will decrease and there will be less people to sell to.

In conclusion, option B is correct.

Find out more on recessions at https://brainly.com/question/1417711.