Only 28 Out of Every 1,000 U.S. Homes Changed Hands This Year—The Lowest Turnover in Decades
Just 28 out of every 1,000 U.S. homes changed hands in the first nine months of 2025, the lowest rate since the 1990s. Affordability challenges
Grishma Bhattarai is an economist at Redfin, where she analyzes housing market trends and their broader socioeconomic impacts. Her work is fueled by her commitment to economic mobility and social equity, and she is deeply passionate about making economics and data accessible to all. Prior to joining Redfin, Grishma worked with organizations such as the World Bank, Stanford University, and the University of Cambridge, where she led data-driven solutions across sectors like financial regulation and social justice. Grishma holds a Master’s degree in Quantitative Economics and Data Analytics from the University of Chicago.
Just 28 out of every 1,000 U.S. homes changed hands in the first nine months of 2025, the lowest rate since the 1990s. Affordability challenges
The typical home that was impacted had a value of $3.7 million prior to the fires. $51.7 billion worth of homes in the city of
The number of homes on the market in the Sunshine State rose 23% year over year to a record high in January amid a decrease

That’s down from a peak of 125 hours when rents hit a record high in 2022. New Hampshire’s minimum-wage workers have to toil longest to
A renter on a $2,000-a-month budget can afford an 1,103-square-foot apartment, up from 1,029 square feet when rents peaked in 2022. Renters are getting more

HOA dues are up more than 15% from a year ago in Tampa, Orlando and Fort Lauderdale, compared with a median gain of 6% across
Just 28 out of every 1,000 U.S. homes changed hands in the first nine months of 2025, the lowest rate since the 1990s. Affordability challenges
The typical home that was impacted had a value of $3.7 million prior to the fires. $51.7 billion worth of homes in the city of
The number of homes on the market in the Sunshine State rose 23% year over year to a record high in January amid a decrease

That’s down from a peak of 125 hours when rents hit a record high in 2022. New Hampshire’s minimum-wage workers have to toil longest to
A renter on a $2,000-a-month budget can afford an 1,103-square-foot apartment, up from 1,029 square feet when rents peaked in 2022. Renters are getting more

HOA dues are up more than 15% from a year ago in Tampa, Orlando and Fort Lauderdale, compared with a median gain of 6% across