It’s been a roller coaster year for the housing market. Prices started at record highs earlier this year with increased market activity and then, the market came to a screeching halt around late summertime, with closed sales falling dramatically and prices starting to inch back downward ever since. While the housing market has been more difficult to navigate for buyers, sellers and industry professionals, experts do expect the market to rebound in 2023 as rates continue to come back down.