Geek's Number Talk: The Honeymoon is Over

According to a new report from Redfin, average monthly mortgage payments are up 39% over just one year ago — a record spike — while interest rates are at their highest mark in more than a decade. But while median sales and asking prices are still rising, home searches, touring activity, and mortgage applications are all in decline, indicating a slowing market as buyers take pause. Get more numbers from Forbes.