Redfin said it could be facing years, not months, of lower home sales and the layoffs were a result of decline in revenues. A decade-long boom in housing prices from the United States to Europe and Asia is facing its first real test as borrowing costs rise and high inflation squeeze households budgets. Redfin and Compass are the latest companies to cut jobs after Coinbase Global Inc said earlier on Tuesday that it will slash 1,100 jobs, or 18% of its workforce. (Reporting by Kannaki Deka in Bengaluru; Editing by Shinjini Ganguli)