Housing Market
All Reports
August 18, 2021
As demand eases and sellers adjust their price expectations, the housing market is slowly aligning to typical seasonal patterns.
August 17, 2021
Primary residence mortgage locks fell for the first time in over two years. Demand for second homes fell 21% year over year in July, the second consecutive month of annual declines in mortgage-purchase locks. This followed 13 months of surging activity in second-home purchases. Demand for primary home purchases fell by 4% year over year […]
August 16, 2021
60% of offers written by Redfin agents faced competition in July, down from 67% in June. Competition is still more intense than it was a year ago. July’s slowdown comes amid a broader cooling in the housing market, which is being driven by an increase in supply. A drop-off in migration from major cities including […]
August 13, 2021
Nearly 5% of listings saw price drops, the highest level since 2019.
August 6, 2021
The five-month streak of record-setting home prices has ended; supply is inching up. At $362,750, the median home sale price did not set a new record high for the first time since early March. Instead it was flat (-0.2%) from the four-week period ending July 25 and up 18% from a year earlier. Trends for […]
