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Experts Forecast a Turnaround in the Housing Market in 2023

Experts predict a positive shift in the housing market in 2023. Discover the factors driving this change and what it means for you.
Ryan Drowne  |  February 27, 2026

The housing market has gone through a lot of change recently, and much of that was a result of how quickly [mortgage rates](https://www.simplifyingthemarket.com/2023/01/17/think-twice-before-waiting-for-3-mortgage-rates/?a=713258-9a8342bcf821027012880bf1d7cccbf7) rose last year. Now, as we move through 2023, there are signs things are finally going to turn around. Home [price appreciation](https://www.simplifyingthemarket.com/2023/01/20/whats-really-happening-with-home-prices-infographic/?a=713258-9a8342bcf821027012880bf1d7cccbf7) is slowing from the recent frenzy, mortgage rates are [coming down](https://www.simplifyingthemarket.com/2023/01/24/the-3-factors-that-affect-home-affordability/?a=713258-9a8342bcf821027012880bf1d7cccbf7), inflation is easing, and overall market activity is starting to [pick up](https://www.simplifyingthemarket.com/2023/01/26/why-it-makes-sense-to-move-before-spring/?a=713258-9a8342bcf821027012880bf1d7cccbf7). All of that’s great news for the housing market this year. Here’s what experts are saying. ##### Cristian deRitis, Deputy Chief Economist, [_Moody’s Analytics_](https://www.newsweek.com/houa. * * *

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