Monthly housing market data is now available sooner New metrics—including home purchase cancellations, price drops, financing trends, and luxury and starter home data—are now available for direct download Seasonally adjusted data is now the default, helping remove noise and reveal underlying trends We’ve launched a new and improved Redfin Data Center to give you faster […]
Introducing the New & Improved Redfin Data Center Read More »
Home prices during the AI boom have surged far faster in the Bay Area’s luxury zip codes than its non luxury zip codes—a split not seen before the launch of GPT-3.5 or in other major U.S. metros. Luxury zip codes in the San Francisco Bay Area saw a 13.4% average jump in home prices in
Bay Area Luxury Home Prices Have Jumped 13% Since Launch of ChatGPT Read More »
Young Americans are more likely than older generations to support data centers in their backyards, according to a Redfin survey. AI data centers face more pushback than other proposed building types in neighborhoods, namely new apartments and multi-use complexes. AI data centers are viewed as controversial partly because some Americans believe they strain electricity and
More homeowners are putting their houses on the market, with new listings increasing for the second week in a row after five straight months of declines. U.S. pending home sales rose 2.7% year over year during the four weeks ending April 26, the biggest increase in six weeks. Mortgage-purchase applications have risen to their highest
Homebuying Demand Ticks Up, Mortgage Rates Tick Down Read More »
We’re seeing a small spring rebound, with new listings of homes for sale ticking up. New listings of U.S. homes for sale rose 3% year over year during the four weeks ending April 19, the biggest increase since November. Pending home sales fell 1.2% year over year, the smallest decline in about a month. Mortgage-purchase
More Homeowners Are Putting Up ‘For Sale’ Signs As the Days Get Warmer Read More »
Pending home sales are declining and touring activity is slumping. U.S. pending home sales fell 4.1% from a year earlier during the four weeks ending April 12, the biggest decline in over a year. Sales fell in all but seven of the 50 biggest U.S. metro areas, with the biggest declines in Providence, RI (-17.5%),
This Spring’s Housing Market Is Unseasonably Slow As Iran War, High Costs Curb Demand Read More »
