Homes Are Selling for Near-Record Highs as Supply Falls to New Low, Demand Picks Up
The median sale price was just 1.5% below its all-time high in June, and the average home sold for above its list price for the
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.
The median sale price was just 1.5% below its all-time high in June, and the average home sold for above its list price for the
Rent growth has slowed rapidly, but rents remain costly as landlords offer perks like free parking instead of lowering prices to fill vacant units. The
The Cape Coral metro area has more than made up for the plunge in new listings caused by the storm. Home sales have also started
30% of surveyed homebuyers said seeing a rainbow flag in a neighborhood would make them more likely to bid on a home there. But the
The pool of homes for sale is shrinking because homeowners feel trapped by rising mortgage rates, with new listings down 25% to the third lowest
Nationwide, rents declined 1% from a year earlier in May—the largest drop since 2020— as a building boom increased supply and economic uncertainty cooled demand.
The median sale price was just 1.5% below its all-time high in June, and the average home sold for above its list price for the
Rent growth has slowed rapidly, but rents remain costly as landlords offer perks like free parking instead of lowering prices to fill vacant units. The
The Cape Coral metro area has more than made up for the plunge in new listings caused by the storm. Home sales have also started
30% of surveyed homebuyers said seeing a rainbow flag in a neighborhood would make them more likely to bid on a home there. But the
The pool of homes for sale is shrinking because homeowners feel trapped by rising mortgage rates, with new listings down 25% to the third lowest
Nationwide, rents declined 1% from a year earlier in May—the largest drop since 2020— as a building boom increased supply and economic uncertainty cooled demand.