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Redfin: New year outlook shows post-pandemic slump pushing home prices down

Monday, January 9, 2023

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Mortgage rates will take center stage in 2023, with high rates likely to make it the slowest housing-market year since 2011, according to annual end-of-year predictions from Redfin.

The forecasts for mortgage rates, home sales and home-sale prices account for a range of outcomes for inflation, employment and other macroeconomic factors.

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