The average rate on a 30-year fixed-rate mortgage stood at 6.95% for the week ending Sept. 17, up from 6.76% a week earlier and 6.26% a year ago, according to Freddie Mac. With borrowing costs pushing back toward the psychologically fraught 7% mark, and a persistent shortage of homes compounding the squeeze, many Americans still feel priced out of the market.
But market conditions aren’t the only force reshaping real estate. A growing body of survey data suggests AI is taking on a bigger role for buyers, sellers, and agents alike—and the technology could fundamentally change how people buy and sell homes.
