If by "adapting" you mean that people are continuing to buy homes, then yes, the data we've seen indicates that the effect of rising interest rates on home sales is waning. In fact, February 2023 showed the largest month-over-month increase in sales nationally since April 2020.
We will continue sharing snapshots of these two pieces of data (home sales and interest rates) and exploring how they interact over time. Markets are absolutely about numbers, but they're never solely about numbers, which is why we spend so much time analyzing and discussing them!
We would love to hear any questions you have on this topic>>