
U.S. Home Prices Continue Their Ascent, Even as High Costs Deter Homebuyers
Home prices grew 0.5% in April, the sixth consecutive month of similar increases. Elevated mortgage rates are curbing homebuyer demand, but prices continue to tick
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.

Home prices grew 0.5% in April, the sixth consecutive month of similar increases. Elevated mortgage rates are curbing homebuyer demand, but prices continue to tick

The median home sale price rose 6% year over year to $434,000 as a lack of new listings buoyed prices. The total number of homes

Nine of the 10 metros facing the steepest drops in asking rents are in the Sun Belt. The exception is Seattle, where rents fell 7%

Investor purchases climbed 0.5% from a year earlier in the first quarter—the first uptick since mid-2022. California markets saw the largest increases, with investor purchases

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

A similar share of Trump voters want to live in a place that has laws allowing discussion of LGBTQ topics in schools and laws ensuring

Home prices grew 0.5% in April, the sixth consecutive month of similar increases. Elevated mortgage rates are curbing homebuyer demand, but prices continue to tick

The median home sale price rose 6% year over year to $434,000 as a lack of new listings buoyed prices. The total number of homes

Nine of the 10 metros facing the steepest drops in asking rents are in the Sun Belt. The exception is Seattle, where rents fell 7%

Investor purchases climbed 0.5% from a year earlier in the first quarter—the first uptick since mid-2022. California markets saw the largest increases, with investor purchases

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

A similar share of Trump voters want to live in a place that has laws allowing discussion of LGBTQ topics in schools and laws ensuring