U.S. Home Prices Are Rising at the Slowest Pace in Nearly a Year and a Half
Home prices rose 0.3% in May. Price growth is slowing thanks to a small uptick in new listings as elevated mortgage rates keep buyers at
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 rose 0.3% in May. Price growth is slowing thanks to a small uptick in new listings as elevated mortgage rates keep buyers at
There have been only two months in the past decade with fewer home sales. High home prices, elevated mortgage rates and an ongoing housing shortage
The median asking rent climbed 0.8% year over year to $1,653—just $47 below the record high. Washington, D.C., Cincinnati and Chicago all saw double-digit increases.
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
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
Home prices rose 0.3% in May. Price growth is slowing thanks to a small uptick in new listings as elevated mortgage rates keep buyers at
There have been only two months in the past decade with fewer home sales. High home prices, elevated mortgage rates and an ongoing housing shortage
The median asking rent climbed 0.8% year over year to $1,653—just $47 below the record high. Washington, D.C., Cincinnati and Chicago all saw double-digit increases.
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
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