Increased Activity in the Housing Market
During the pandemic years, turnover in the housing market reached record levels. However, as interest rates began to rise in the spring of 2022, activity declined. Recently, though, the housing market has shown signs of revitalization. Now, statistics from Hemnet indicate a marked increase in turnover, measured in the number of sold properties, during the first quarter.
In the first quarter of this year, over 36,000 homes were sold nationwide, an 8 percent increase compared to the same quarter last year. Even from a historical perspective, the level of activity, in terms of sales, is
