Home sales hit rock bottom last year — now, there are signs of a rebound

🏡 In 2023, existing home sales fell to their lowest level in nearly 30 years, but now there are some early signals that the market is picking back up.

Why it matters: If the trends hold — and that is a big “if” — housing market activity hit bottom in 2023, and more homes will be bought and sold in the coming months.

The big picture: This is all about mortgage rates, which nearly touched 8% last year, putting the housing market into a deep freeze.

🎥: Hal Bergman, Ariel Skelley

Видео Home sales hit rock bottom last year — now, there are signs of a rebound канала Axios