U.S. markets close in 4 hours 12 minutes
  • S&P 500

    4,236.90
    -46.84 (-1.09%)
     
  • Dow 30

    33,758.93
    -240.11 (-0.71%)
     
  • Nasdaq

    12,737.07
    -228.27 (-1.76%)
     
  • Russell 2000

    1,954.02
    -46.71 (-2.33%)
     
  • Crude Oil

    91.49
    +0.99 (+1.09%)
     
  • Gold

    1,762.80
    -8.40 (-0.47%)
     
  • Silver

    19.03
    -0.43 (-2.23%)
     
  • EUR/USD

    1.0051
    -0.0041 (-0.40%)
     
  • 10-Yr Bond

    2.9910
    +0.1110 (+3.85%)
     
  • GBP/USD

    1.1818
    -0.0115 (-0.97%)
     
  • USD/JPY

    137.0410
    +1.1790 (+0.87%)
     
  • BTC-USD

    21,416.45
    -2,050.88 (-8.74%)
     
  • CMC Crypto 200

    508.36
    -33.24 (-6.14%)
     
  • FTSE 100

    7,539.79
    -2.06 (-0.03%)
     
  • Nikkei 225

    28,930.33
    -11.77 (-0.04%)
     

Home Prices Could Level Out in 2023, Redfin Says. What Could Make Them Drop.

·2 min read
Home Prices Could Level Out in 2023, Redfin Says. What Could Make Them Drop.
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

As the housing market cools down from its red-hot pandemic pace, Redfin economists foresee home prices flattening or rising modestly next spring. It would take more than just higher mortgage rates to send prices lower, says the brokerage’s chief economist. Redfin economists expect national home prices to be flat to 4% higher in the spring of 2023 compared with the year prior, due to slowing or negative economic growth and rising unemployment.