Answer:
a. Housing prices are down.
c. Less demand means more options for buyers.
d. Less demand means less competition with other buyers.
Explanation:
A recession is a decline in economic activities in a country, characterized by rise in unemployment, fall in income, and fall in aggregate demand.
During recession because of fall in purchasing power, and decline in aggregate demand, prices naturally will fall and housing prices will fall as well.
A recession is characterized by accumulation of inventory, availability of many unsold stock means more options for buyers.
Fall in demand as a result of lack of purchasing power during recession means less competition with other buyers.