Housing Market
All Reports
October 12, 2020
A relative abundance of expensive homes is supporting sales at the high end and giving luxury homebuyers plenty of options to choose from. Meanwhile, sales of affordable homes are slowing amid a supply shortage that’s posing challenges for first-time buyers. U.S. luxury home sales increased 41.5% year over year in the third quarter, the largest […]
October 8, 2020
National median home price hit a new record of $320,625. Key housing market takeaways for 434 U.S. metro areas during the 4-week period ending October 4: The median home sale price increased 15% year over year to $320,625—the highest on record in Redfin’s data, which goes back through 2012. Although it uses a different methodology […]
October 2, 2020
Condos are facing relatively slow price growth as remote work, the desire for privacy and record-low mortgage rates make single-family homes more desirable during the coronavirus pandemic. But condos could make a comeback if single-family home prices continue to surge.
September 25, 2020
For the four-week period ending September 20, home prices were up 14%, pending sales rose 29%, and new listings were 6% higher than the same period in 2019.
September 25, 2020
The new-homes market is recovering—with sales on the rise—but hurdles including a lumber shortage are still hampering builders.
