Yield curve inverted into recession

[Wei Li]

Hi, so recently there was a 10-2 yield curve inversion signaling a recession in 12-18 months time frame. My question is if a recession is coming that means to central banks will cut rates and therefore mortgages would be lower. Is it safer to wait two years for the recession and therefore houses to fall in price or is that blown out of proportion and the current state of real estate is still going strong? I did hear that population in Us is starting to go down so in future there may be less people to sell houses to as millennials are now a days not looking to start families. Any input would be nice

[Russell Brazil]

Yield curve needs to be inverted for roughly 90 days to mean anything. It was inverted for less than a day. While all recent recessions have been preceeded by a 90 day inversion, not all inversions are followed by recessions.