Housing Market News
Market Tracker
House Hunters Are Ready and Waiting… for Homes to Buy
Homebuyers are shaking off jittery stock markets and rejoicing at falling mortgage rates. The only problem is inventory.
Home Prices Jump in December, Posting Biggest Increase in Almost Two Years
Home prices rose 8.8 percent in December from a year ago, the biggest increase in 22 months.
Home Prices Strengthen and Sales Flatten as Inventory Continues to Decline
Home prices surged in November by 6.8 percent from last year, the biggest increase since April.
The Housing Market Takes a Dramatic Turn as Sales Flatten in October
Home sales stalled in October, increasing just 0.3 percent from last year, an abrupt slowdown from September’s double-digit growth. Twenty-seven of 67 metros tracked by Redfin had fewer transactions, including hot markets like Seattle, Denver, Austin, Miami and Dallas.
Sales Maintain Healthy Growth Even As Buyers Hit Their Limits on Price
The Redfin Housing Demand Index posted its smallest annual increase so far this year, inching up only 0.3 percent to 93 in September from 92 a year earlier. Fewer people are touring and those who are have less to choose from, but they’re still making offers.
Home Sales Up 13.4% in July as Supply Hovers Near Record Lows
Home sales remained strong with an increase of 13.4 percent over last July, and price growth jumped to 5.8 percent year over year, up from 4.6 percent in June.
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
March Was the Hottest Month in Housing History
Home prices rose 17% from a year ago in March as days on market, share of homes sold above list, and average sale-to-list price ratio all marked new records.
36% of Homes Sold Above List Price in February, the Highest Share on Record
The national median home-sale price rose 14.4% year over year to $336,200 in February, the largest increase seen since July 2013.
Housing Market Stayed Hot in January as Home Prices Rose 14% and Sales Surged 20%
The US housing market stayed unusually strong through January, with home prices rising 14% and sales climbing 20%.
Home Prices Rose 13% in December, Sales Up 16%
The national median home price rose 13% year over year to $334,300 in December, while homebuying demand barely slowed.
Home Prices Soared 14% in September, a Record-Setting Month for Price, Sales and Speed
Home prices skyrocketed more than 14% year over year in September, the biggest increase on record. The real estate market also experienced historically high sales
