Redfin Home Price Index: Price Growth Holds Steady at Start of Year
Home prices rose 0.5% month over month in January, on par with December’s gain, as the drop in mortgage rates at the end of last
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 0.5% month over month in January, on par with December’s gain, as the drop in mortgage rates at the end of last
New listings dropped for the first time since June and pending sales growth slowed; stagnating mortgage rates and the biggest home-price jump in over a
Elevated home prices and mortgage rates, along with sluggish rents, have made low-priced homes increasingly attractive to investors. Investors bought 18% of all homes that
Roughly 1 million more people moved out of than into U.S. metros with high risk from poor air quality in 2021-2022, while low risk metros
Rents haven’t fluctuated much over the past year, rising 1% in January—a far cry from double-digit growth during the pandemic. Landlords don’t have much room
New construction has taken up a growing share of the for-sale housing pie because homebuilding has increased and the number of individual homeowners selling has
Home prices rose 0.5% month over month in January, on par with December’s gain, as the drop in mortgage rates at the end of last
New listings dropped for the first time since June and pending sales growth slowed; stagnating mortgage rates and the biggest home-price jump in over a
Elevated home prices and mortgage rates, along with sluggish rents, have made low-priced homes increasingly attractive to investors. Investors bought 18% of all homes that
Roughly 1 million more people moved out of than into U.S. metros with high risk from poor air quality in 2021-2022, while low risk metros
Rents haven’t fluctuated much over the past year, rising 1% in January—a far cry from double-digit growth during the pandemic. Landlords don’t have much room
New construction has taken up a growing share of the for-sale housing pie because homebuilding has increased and the number of individual homeowners selling has