Deep Freeze Hit the Housing Market in December With the Strongest Seasonal Slowdown in 2 Years
As temperatures plummeted over the festive season, so did the level of activity in the residential real estate market, which experienced its strongest seasonal slowdown in nearly two years. “Homes spent 70 days on the market, the slowest December in five years and the slowest month since January 2023,” says Realtor.com® senior economist Ralph McLaughlin in…