Housing Market
All Reports
July 14, 2025
Nearly one-quarter of Gen Zers and millennials who recently bought a home used either a cash gift from family or an inheritance to help fund their down payment, according to a recent Redfin-commissioned survey. Nearly one-quarter (23.8%) of young Americans who recently bought a home used family money to help fund their down payment, according […]
July 10, 2025
Pending sales fell 3.5% year over year during the four weeks ending July 6. That was the second biggest decline since early February, trailing only last week’s 4.1% fall. The median U.S. home sale price hit a record $399,633, up 1% year over year. There were some encouraging signs for sellers with mortgage purchase […]
July 3, 2025
New listings fell 1% year over year during the four weeks ending June 29, the first decline in nearly six months, with would-be sellers taking notice of slow demand. But it’s worth noting that the weekly average mortgage rate fell to 6.67%, its lowest level since early April. We’re taking a break from analysis this […]
July 1, 2025
The daily average mortgage rate dipped to 6.67% to start July, down from roughly 7.1% five weeks earlier. On-the-fence house hunters should consider jumping in while they have more purchasing power–and more negotiating power. A homebuyer on a $3,000 monthly budget has gained $16,000 in purchasing power in the last five weeks. That buyer can […]
July 1, 2025
Condo prices fell amid increasing HOA fees and insurance costs. Single-family home prices, by comparison, rose 0.5%. Condo sales dropped 12%—more than three times as much as sales of single-family homes. Florida is the epicenter of the condo slump, with prices and sales down over 30% in some areas. The median U.S. condo sale price […]
