Compass(COMP) - 2023 Q1 - Quarterly Report

Impact of the Macroeconomic Conditions on the U.S. Residential Real Estate Market and Our Business Throughout 2022 and into the first quarter of 2023, a number of macroeconomic conditions contributed to the slowdown in the U.S. residential real estate market, impacting our business and financial results during the year ended December 31, 2022 and the three months ended March 31, 2023. These conditions include, but are not limited to, the conflict in Ukraine, volatility in the U.S. equity markets, rising inf ...