✉news BusinessReal Estate first seen 6 d ago, last 1 h ago, peak #1
Zillow Traffic Slides as High Mortgage Rates Freeze Housing Market
Zillow is seeing a decline in traffic as elevated mortgage rates continue to stifle activity in the US housing market. The Wall Street Journal reports that fewer prospective buyers are browsing listings while borrowing costs remain high, leaving many would-be purchasers and sellers sitting on the sidelines.
Why now: High mortgage rates are keeping the housing market frozen, and the slowdown in Zillow traffic is a visible signal of that slump.
ZillowWall Street JournalUS housing market
Rank over time, top of the chart is #1. 18 snapshots from 6 d ago to 1 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/4930012