Housing Market
All Reports
October 7, 2025
Roughly 56,000 U.S. home-purchase agreements were canceled in August, equal to 15.1% of homes that went under contract that month—the highest August percentage in records dating back to 2017. Buyers frequently back out of deals when they find issues during the inspection, they have trouble selling their existing home or their financing falls through, according […]
October 6, 2025
Would-be condo buyers are spooked by high costs, including rising HOA dues and insurance fees–but the silver lining is bargaining power. The gap between sellers and buyers has shrunk since springtime, though, when there were 81% more sellers. There were an estimated 72.3% more condo sellers than buyers (108,945 more) nationwide in August. That marks […]
October 2, 2025
The typical home that sold in August went for nearly 4% under its asking price–the steepest discount for that month since 2019. One of every six (16.7%) U.S. home sellers dropped their asking price in August, up from 15.9% a year earlier and the highest share for that month in records dating back to 2012. […]
October 2, 2025
Pending U.S. home sales fell 1% year over year as mortgage rates ticked up after nine straight weeks of declines. Some would-be buyers are hesitant due to economic uncertainty, including jitters about potential layoffs and the government shutdown. Pending U.S. home sales fell roughly 1% from a year earlier during the four weeks ending September […]
September 30, 2025
The typical U.S. luxury home sold for $1,250,000 in August, up 3.9% from a year earlier. Luxury home sales fell 0.7% to the lowest August level in Redfin’s records, which go back to 2013. Non-luxury home sales also fell (-0.6%) to the lowest August level on record. The typical luxury home sold in 46 days […]
