New-Home Sales Surge in the Fourth Quarter as Inventory Tumbles, Prices Flatten
New-home sales rose 8.8% year over year in the fourth quarter, the biggest gain in more than two years
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.
New-home sales rose 8.8% year over year in the fourth quarter, the biggest gain in more than two years
Vancouver tops the list – see which other cities round out the top five.

The luxury real estate market ended the year in a better place than it started, but growth still remains below its peak.
With a housing affordability crisis in full swing, neighborhoods with lower home prices surge in popularity.
New-home sales rose 8.8% year over year in the fourth quarter, the biggest gain in more than two years
Vancouver tops the list – see which other cities round out the top five.

The luxury real estate market ended the year in a better place than it started, but growth still remains below its peak.
With a housing affordability crisis in full swing, neighborhoods with lower home prices surge in popularity.