Housing Market
All Reports
July 28, 2020
1 in 5 successful offers waived the inspection contingency in June as bidding wars intensified amid a deepening housing shortage and record-low interest rates
July 23, 2020
The U.S. housing market was unseasonably strong during the four-week period ending July 12.
July 17, 2020
The national median home price rose 2.8% year over year, reaching an all-time high of $311,300 in June.
July 15, 2020
For the first time, home sales are higher than before the pandemic due to low mortgage rates. With low inventory, homes sell fast and prices rise.
July 10, 2020
54% of Redfin offers faced competition as the supply of homes for sale and mortgage rates continued to fall in June. Single-family homes and townhouses were much more likely than condos to receive multiple bids.
