Housing Market News
Market Tracker
Housing Supply Hit a Three-Year Low in December as Home Prices Continued to Climb
A fast-paced December housing market, along with a lack of new listings, led to historically low inventory and rising home prices
No Holiday for the November Housing Market as Home Prices Climbed Nearly 8 Percent
Home prices posted the largest gain in 14 months.
The October Housing Market Rewarded Sellers with the Largest Price Increase in 10 Months
The median home sale price increased 7 percent in October, the strongest year-over-year growth Redfin has seen in 10 months.
September Home Sales Showed Steady Growth, Up 3.2 Percent Year Over Year
Year-to-date homes sales were up 4 percent compared the same period last year.
Home Sales Rebounded in August, Continuing a 2016 Trend Toward ‘Normal’
Despite strong sales and shrinking inventory, home prices rose at the slowest pace of the year, up just 4.4 percent from last year.
Home Sales Fell 11 Percent in July, but There’s Good Reason Not to Panic
Hint: It had something to do with the number of Fridays in the month.
Fewer Homes for Sale in September; Declining Number of Listings Holds Back Home Sales
New listings of homes for sale fell 9% from a year earlier and closed home sales were down 5%.
Home Sales Fell 6% in August, the First Annual Decline in 15 Months
However, home prices were up 16%, and new listings posted their first year-over-year decline since February, which could signal a tightening market.
July Marked 12 Straight Months of Double-Digit Price Increases
Still, housing market conditions improved slightly for homebuyers as competition eased off from the records set in June.
Home Sales Dipped 1.2% From May to June, the Largest Late-Spring Decline Since At Least 2012
Still, homes sold at their fastest pace and for their highest prices on record.
Over Half of Homes Sold Above List Price in May for the First Time On Record
Home prices were up 24%, a record high due to the dip in home prices at the start of the pandemic a year earlier.
Buyers in Indianapolis, Omaha and Seattle are Snapping Up Homes in 5 Days or Less
Homes in Portland, OR and Denver are also selling in a handful of days. In Austin, 74% sold above list price. Nationwide, almost half of
