Home Real Estate 2023 Real Estate Report Single family: A hot market chills

Single family: A hot market chills

Rising interest rates are slowing sales but the residential market remains healthy.

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June 6, 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)

Rising interest rates are slowing sales but the residential real estate market remains healthy, though no longer a seller's paradise.

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