The real estate market took a downward turn in 2022, as rising interest rates rapidly slowed the frenzied sales activity seen the year before — but home prices still hit a record high.

Rising home prices and softening sales offer a mixed view of a market that some say is shifting to favor buyers.

Home prices hit a record high in May even as home sales fell. High interest rates are keeping many would-be buyers and sellers on the sidelines. Brandon Bell/Getty Images North America hide caption ...

Digital Brief: Jan. 21, 2023 03:13 (CNN) -- Home prices hit a record high last year. According to the National Association of Realtors, the median home price for 2022 was just over $386,000.

Home prices have hit a record high nationally. But there are signs sellers are willing to negotiate as the housing market cools in some areas of the country. Redfin found the median U.S. home-sale ...

Home prices finished the summer at another record high as home affordability tanks to a historical low. The S&P CoreLogic Case-Shiller National Home Price Index increased 0.9% in August month over ...

And, like Denver, the high prices in Colorado Springs are persisting even as the number of homes sitting on the market ...

New Hampshire median home prices hit a record high in June, soaring to $565,000, according to the New Hampshire Association ...

The real estate market took a downward turn in 2022, as rising interest rates rapidly slowed the frenzied sales activity seen the year before — but home prices still hit a record high.

Consumers who resolved to buy a home in 2022 may have been dreaming of a reprieve from ever-climbing home prices, but so far, those dreams aren’t coming true. A new report from Redfin real ...