Further upward pressure on rents is expected in the coming months
Average price down 15%, new listings down 44% year over year
New listings down 26% year over year, average price down 19%
About 140,000 women left hospitality and high-contact industries to seek roles in professions like finance and insurance
But “renewed price growth” forecast in 2023
Compared to a year ago, sales were down 37%
Huge job gains defy forecasts that higher rates would slow the economy
Few want to sell, fewer looking to buy, January sales down 44.6% year over year
The average home price in December was down 12% from a year earlier
In this economic cycle, national home prices could fall 25% from their peak, BMO says