“As anticipated, 2023 concluded with a sustained market cooldown following the pandemic peak, marked by subdued sales activity due to elevated interest rates. We remain optimistic that 2024 will see a positive shift as interest rates hopefully decrease, attracting more buyers to the market and encouraging homeowners with low-rate loans to list and sell homes that no longer meet their needs.” ~ Heather Renner, CCAR 2024 President

Historic data is available on the CCAR website.