
Housing Market Update: There Are Nearly 40% Fewer Homes For Sale Than Pre-Pandemic
Inventory has posted its biggest decline in over a year, with homeowners hanging onto their comparatively low mortgage rates. That trend will probably persist, as
As a data journalist at Redfin, Dana Anderson writes about the numbers behind real estate trends. Redfin is a full-service real estate brokerage that uses modern technology to make clients smarter and faster. For more information about working with a Redfin real estate agent to buy or sell a home, visit our Why Redfin page.

Inventory has posted its biggest decline in over a year, with homeowners hanging onto their comparatively low mortgage rates. That trend will probably persist, as

Roughly 4 in 5 homeowners with mortgages have an interest rate below 5%, and nearly one-quarter have a rate below 3%. With rates now close

New listings have hit their lowest level of any early June on record, limiting home sales and keeping prices afloat. But many buyers are still

All-cash home purchases reached their highest level since 2014 in April as high mortgage rates drove down overall home sales more than all-cash sales. The

Mortgage rates hitting a 7-month high and limited listings are sidelining homebuyers, but many are ready to pounce when rates decline and more homes hit

Fewer homebuyers are looking to move to a different part of the country–but the dropoff isn’t as big as it is for those remaining close

Inventory has posted its biggest decline in over a year, with homeowners hanging onto their comparatively low mortgage rates. That trend will probably persist, as

Roughly 4 in 5 homeowners with mortgages have an interest rate below 5%, and nearly one-quarter have a rate below 3%. With rates now close

New listings have hit their lowest level of any early June on record, limiting home sales and keeping prices afloat. But many buyers are still

All-cash home purchases reached their highest level since 2014 in April as high mortgage rates drove down overall home sales more than all-cash sales. The

Mortgage rates hitting a 7-month high and limited listings are sidelining homebuyers, but many are ready to pounce when rates decline and more homes hit

Fewer homebuyers are looking to move to a different part of the country–but the dropoff isn’t as big as it is for those remaining close