These Will Be the Most Stable Housing Markets in 2023

These Will Be the Most Stable Housing Markets in 2023

After home prices hit record highs last year, high mortgage rates have slowed down the housing market considerably. According to Redfin, home sales will fall to the lowest level since 2011. Redfin predicts that there will be 4.3 million homes sold in 2023, a 16% decline from 2022 and a 30% drop from 2021.