Luxury Home-Price Growth Slows to 5 Percent in the Second Quarter
Despite Cooling in Price Growth, High-End Homes Sold Faster Than Ever
Alina leads the communications team at Redfin. She helps consumers and the media understand what's going on in the housing market, the real estate industry and inside Redfin.
Despite Cooling in Price Growth, High-End Homes Sold Faster Than Ever
Across the 174 markets that Redfin tracks, the typical home sold in May went under contract in 34 days, breaking April’s record of 36 days,
The national median home sale price increased 7.6 percent in April from a year ago, to a median of $302,200. This is the first
Number of Luxury Homes for Sale Fell 20 Percent, Marking Four Consecutive Quarters of Decline
New listings declined 5.6 percent in March, a sign of waning seller enthusiasm and ongoing tight market conditions.
“A growing economy, healthy buyer demand and low inventory drove the ramp up in prices last month,” said Redfin chief economist, Nela Richardson
Despite Cooling in Price Growth, High-End Homes Sold Faster Than Ever
Across the 174 markets that Redfin tracks, the typical home sold in May went under contract in 34 days, breaking April’s record of 36 days,
The national median home sale price increased 7.6 percent in April from a year ago, to a median of $302,200. This is the first
Number of Luxury Homes for Sale Fell 20 Percent, Marking Four Consecutive Quarters of Decline
New listings declined 5.6 percent in March, a sign of waning seller enthusiasm and ongoing tight market conditions.
“A growing economy, healthy buyer demand and low inventory drove the ramp up in prices last month,” said Redfin chief economist, Nela Richardson