Right out of the gate this year, it was clear that the U.S. housing market—which saw a historic decline in home sales in the second half of 2022—was no longer in free-fall mode. The market stabilized around January through a combination of improved buyer confidence, tight supply, and slight declines in home prices/mortgage rates doing just enough to improve affordability.
Fast-forward to April, and it's looking like the housing market hasn't just stabilized—it might be returning to growth mode. At least that's according to CoreLogic.
