2023 Housing Market Year In Review: A Market Ruled by Mortgage Rates
Redfin
DECEMBER 27, 2023
18 housing trends that defined the year, including record mortgage rates, depleted inventory, and dwindling home sales 2023 was a difficult year for the housing market. In short: Record mortgage rates, high inflation, and persistently high housing and rental prices. Seasonal trends buckled. So what happened? a Redfin company.
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