Inventory Crunch Begins to Ease with Largest Monthly Listings Increase Since 2010; Home Prices Up 16% Over Last Year
The housing market across the nation was hot again in April.
Tim Ellis has been analyzing the real estate market since 2005, and worked at Redfin as a housing market analyst from 2010 through 2013 and again starting in 2018. In his free time, he runs the independently-operated Seattle-area real estate website <a href="https://seattlebubble.com/" title="Seattle Bubble"><em>Seattle Bubble</em></a>, and produces the <a href="https://dispatches.fm/" title="Dispatches from the Multiverse">"Dispatches from the Multiverse" improvised comedy sci-fi podcast</a>.
The housing market across the nation was hot again in April.

As the housing market and the economy both continue to recover, the luxury housing market is making big gains as well.
The number of Redfin customers touring homes and making offers both continued to post stronger monthly gains in April this year compared to last year, pointing toward additional gains in May and June sales.

Responses to Redfin’s Real-Time Seller Survey indicated a dramatic shift in the confidence of home sellers in the second quarter—45 percent of sellers believe now is a good time to sell, up from just 22 percent in the first quarter and 15 percent in the fourth quarter.
Home prices were up both year over year and month over month in every market but Long Island.

The number one question Redfin’s real estate agents are being asked these days is: “Is this another bubble?” For now, the answer is no. Overall,
The housing market across the nation was hot again in April.

As the housing market and the economy both continue to recover, the luxury housing market is making big gains as well.
The number of Redfin customers touring homes and making offers both continued to post stronger monthly gains in April this year compared to last year, pointing toward additional gains in May and June sales.

Responses to Redfin’s Real-Time Seller Survey indicated a dramatic shift in the confidence of home sellers in the second quarter—45 percent of sellers believe now is a good time to sell, up from just 22 percent in the first quarter and 15 percent in the fourth quarter.
Home prices were up both year over year and month over month in every market but Long Island.

The number one question Redfin’s real estate agents are being asked these days is: “Is this another bubble?” For now, the answer is no. Overall,