Tag Archives: Housing studies

As homebuyers nationwide face inflationary home prices, those who purchased a home relocated at an unprecedented rate in Q4, as elevated mortgage rates and economic uncertainty drove many homebuyers to more affordable areas.

The typical asking price slowed to a single-digit pace for the first time since December 2021, according to the Realtor.com Monthly Housing Trends Report, marking a significant slowdown from the peak 18% year-over-year pace seen in 2022.