February 2024 Compass National Real Estate Insights

February 2024 Compass National Real Estate Insights

Interest rates are well below those seen late last year, but have started ticking up in mid-February.
 
 
Through February 22nd, stock markets have continued to rebound dramatically, deeply impacting household wealth - especially among more affluent buyers.


 
Having plunged from its peak in mid-2022, the inflation rate has not dropped as quickly as expected in recent months, a big factor in mortgage interest rates.
 
 
As a percentage of total sales, the share of transactions being completed by buyers paying all cash has continued to climb.
 
 

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