A widening debate about where the U.S. housing market currently stands: Is it in a recession or a correction? Experts are drawing various conclusions while looking at the same indicators on everything from the Fed's hawkish stance on interest rates to the sentiment of homebuilders, realtors as well as buyers on their gut feelings on where the market is heading. The multiple scenarios are reflective of the market's imbalance, with new construction and existing-housing sales down compared with last year, while home prices remain high. Scroll to the next slide to learn more. For the full story, click the link in our bio.