For the last two years, the housing market has been characterized by fast-rising home prices and surging interest rates, but today's homebuying conditions are far different from the real estate landscape preceding the Great Recession

Though a market correction will offer some relief to priced out buyers, ongoing affordability challenges will further slow home sales in 2023, experts say

Some previously red-hot markets saw significant price drops in November, while others continued to post record annual home appreciation

Investor profits on fix-and-flip properties fell to their lowest level in 13 years during the third quarter of 2022 thanks to surging mortgage rates and weak homebuyer demand

Measures of homebuyer demand ticked higher during the second week of December after a slight dip in interest rates and a rise in regional price drops

A housing correction is leading to slower home price growth and a drop in mortgage rates, but sellers are just as hesitant to list as house hunters are to buy

The total supply of homes for sale rose 15% year-over-year during the four weeks ending December 4— the biggest uptick on record—but very few buyers are being lured in by falling mortgage rates

Foreclosures are on the rise across the U.S., but housing experts say it's not time to sound the warning sirens just yet