Rising interest rates are slowing sales but the residential real estate market remains healthy By Holly Duchmann - June 12, 2023 HOLDING STRONG: Though not as torrid as early 2022, an underbuilt market continues to fuel home sales and higher prices, which increased by 7% last year. (File) FacebookXLinkedinEmailPrint After three years of growth at breakneck speed, the Capital Region’s single-family residential real estate market has cooled. Already an INSIDER? Sign in.