Lily Katz

As a data journalist, Lily is passionate about helping readers understand complex facets of the housing market. She is particularly interested in the issues of climate change, race and gender equality and housing affordability. Prior to working at Redfin, Lily spent four years as a reporter at Bloomberg News in New York City.

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Most Recent

Asking Rents Are Falling in 28 Major U.S. Metros—the Most Since 2023

June 4, 2025

The median U.S. asking rent dropped 1% year over year to $1,633 in May as elevated apartment supply gave renters room to negotiate. Asking rents

The U.S. Housing Market Has Nearly 500,000 More Sellers Than Buyers—the Most on Record. That Will Likely Cause Home Prices to Fall

May 29, 2025

There are 34% more sellers in the market than buyers. At no other point in records dating back to 2013 have sellers outnumbered buyers this

U.S. Home Purchases Were Canceled at the Second Highest April Rate on Record

May 22, 2025

1 in 7 home-purchase agreements fell through last month. The share was higher in many parts of Florida, which is home to 5 of the

Spring Homebuying Season Sputters as Supply Jumps to 5-Year High, Existing-Home Sales Drop to 6-Month Low

May 19, 2025

Sales of existing homes dropped to a seasonally adjusted annual rate of 4,196,707 in April, and pending sales fell the most since 2023. The supply

Real Estate Agent Commissions Haven’t Changed Much Since the NAR Settlement Took Effect

May 16, 2025

Buyer’s agents earned an average of 2.4% in commission in the first quarter. That’s up slightly from when the new NAR rules took effect in

U.S. Asking Rents Fell 1% Year Over Year in April—Biggest Drop in 14 Months

May 12, 2025

The median asking rent was $1,625, down $80 from the record high, as elevated apartment supply pushed rents lower. Asking rents fell fastest in Austin,