6 reasons why Compass CEO Robert Reffkin believes Q4 of 2022 was the bottom of the recent real estate market cycle

Compass CEO Robert Reffkin was featured on CNBC on Monday to discuss the current real estate market and the sharp decline in transactions we saw at the end of last year. He believes Q4 of 2022 was the bottom of the real estate market cycle and here are 6 reasons why:

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2022 Compass Market Update

Unlike the complete unpredictability of 2020, 2021’s real estate market saw a closer semblance to a typical market, with more of the seasonal ups and downs we expect throughout the year. We saw a slight slowdown in the number of transactions during the third quarter, unlike 202 where pent up demand led to a strong

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