
Just 2.5% of U.S. Homes Changed Hands This Year, The Lowest Rate in Decades
Only 2.5% of U.S. homes changed hands in the first eight months of 2024. The rate of home sales and home listings are both down
Elijah de la Campa is a senior economist at Redfin, where he researches all facets of the housing market. Prior to Redfin, Elijah studied barriers to homeownership among historically underserved populations as an economist at Freddie Mac. After receiving his PhD in Public Policy from Harvard University, he studied the impact of COVID-19 on rental markets and small landlords’ rental businesses as a Senior Research Associate of the Bloomberg Harvard City Leadership Initiative and Research Affiliate of the Harvard Joint Center for Housing Studies. Elijah’s research has been covered by outlets such as the New York Times, CBS Evening News, and AP News.

Only 2.5% of U.S. homes changed hands in the first eight months of 2024. The rate of home sales and home listings are both down

These swing states have not turned blue despite the influx of people who have moved in from California and other blue states. And Redfin’s analysis

America’s high-fire-risk counties saw a net inflow of 63,000 people last year, driven by migration to Texas. High-flood-risk counties saw a net inflow of 16,000,

The typical home in areas with LGBTQ+ housing protections costs $492,290, compared with $357,010 for the typical home in areas without protections. San Francisco and

White people took out 62% of new mortgages last year, down from 64% in 2022 and 70% in 2018. Meanwhile, the share taken out by

The share of San Francisco sellers losing money on their home sale is sitting near its highest level in more than a decade, largely because

Only 2.5% of U.S. homes changed hands in the first eight months of 2024. The rate of home sales and home listings are both down

These swing states have not turned blue despite the influx of people who have moved in from California and other blue states. And Redfin’s analysis

America’s high-fire-risk counties saw a net inflow of 63,000 people last year, driven by migration to Texas. High-flood-risk counties saw a net inflow of 16,000,

The typical home in areas with LGBTQ+ housing protections costs $492,290, compared with $357,010 for the typical home in areas without protections. San Francisco and

White people took out 62% of new mortgages last year, down from 64% in 2022 and 70% in 2018. Meanwhile, the share taken out by

The share of San Francisco sellers losing money on their home sale is sitting near its highest level in more than a decade, largely because