New: The Redfin Data Center is here!

Access comprehensive market data, trends, and insights in one place

Housing Market

Weekly Market Update

Pending Home Sales Sink to 5-Month Low As Mortgage Rates Rise

The number of homes going under contract fell 3.7% week over week nationwide—the steepest decline since 2022—as would-be buyers pressed pause amid high mortgage rates. New listings ticked up.  We’re taking a break from analysis this week, but please see the tables and charts below for this week’s housing-market data. Happy August! For Redfin economists’ […]

Brooklyn’s Park Slope Tops Redfin’s Hottest Luxury Neighborhoods of 2026

Highland Park, IL and Overland Park, KS round out the top three.  Demand from highly compensated employees of the San Francisco Bay Area’s AI companies earns Noe Valley the No. 7 spot among Redfin’s hottest luxury neighborhoods this year. Strong demand, despite elevated costs, is outpacing supply in many high-end neighborhoods, making these areas stand […]

Vacation-Home Mortgages Tick Up For First Time Since Pandemic Boom

Mortgages for second homes rose 4% year over year in 2025, the first annual increase in four years. That’s compared with a 1% increase for primary homes. Still, second-home mortgages account for just 3% of all home loans.  Second-home purchases are rising because affluent buyers are fairly active in today’s housing market; additionally, demand dropped […]
Scroll to Top