Housing Market
All Reports
December 24, 2024
Home prices grew 0.5% month over month in November, the third consecutive month with a 0.5% increase. On a year-over-year basis, home prices rose 5.7%, the smallest annual increase since October 2023. 14 of the 50 most populous U.S. metros recorded a drop in home prices month over month. U.S. home prices grew 0.5% from […]
December 23, 2024
Home sales are up 28% year over year in Portland, OR—the biggest gain of any major U.S. metro. Next come San Jose, Seattle and San Francisco, which also saw double-digit increases. In Portland, OR, home sales jumped 27.6% year over year in November—the biggest increase among the 50 most populous U.S. metropolitan areas. It was […]
December 19, 2024
Homeowners with kids living under their roof are much more likely to receive help from family with down payments and/or monthly mortgages than their no-kids counterparts, according to a recent Redfin-commissioned survey. That’s partly because they’re buying bigger, more expensive homes. One-quarter (25%) of recent homebuyers who have kids living at home received a cash […]
December 19, 2024
New listings posted their second-biggest annual increase since early summer this week, and pending home sales continue to rise. New listings of homes for sale are up 7.6%, the biggest year-over-year increase since June (except the four weeks ending November 24, when the increase was inflated due to Thanksgiving). This is based on data from […]
December 18, 2024
Homebuying activity picked up in November as election uncertainty dissipated and buyers grew more accustomed to elevated mortgage rates. Existing home sales for the full year will likely be in line with 2023 levels, but we expect activity to tick up in 2025. Existing home sales rose 0.7% month over month in November to a […]
