Change is coming, and the market is turning. Consumer confidence is key in the current housing market landscape, said Joyce Rey, the executive director at Coldwell Banker Global Luxury. According to Rey, most buyers see a recession coming, which is leading to a lot of on-the-fence buyers.

Rey joined Redfin’s Chief Economist Daryl Fairweather, WealthQuotient’s Co-Founder David Friedman, Warburg Realty’s President Clelia Peters and Keller Williams Capital Properties’ Co-Founder Brandon Green onstage at Inman Connect New York to discuss what to expect from the housing market this year.

Watch the full conversation now above on Inman Select.

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