Housing Market News

U.S. Home Prices Resume Growth, Up 2.8% in April
U.S. home-sale prices edged up in April, growing 2.8 percent from a year ago, to a median of $307,600 across the metros Redfin tracks.

Home Sales Surge in Florida as California Markets See Double-Digit Annual Declines in March
Home sales and prices fell year over year in San Francisco, San Jose and Orange County as housing activity surged in metros with lower home

Home Prices Up 0.6% in February—Smallest Year-Over-Year Gain Since March 2012
Prices fell more than 8 percent in San Francisco and San Jose, up over 10 percent in Newark, Milwaukee and Buffalo. U.S. home-sale prices increased

More Home-Sellers are Dropping Their Prices Than in Previous Winters as Buyers Seize More Control of the Market
More than one in five homes for sale nationwide dropped its price in the last month. In Fresno it was two in five. More than

Home Price Growth Edged Up Nationally in January While the West Coast Began Seeing Red
Homebuyers are in the strongest position in years as the supply of homes for sale grows at fastest rate since May 2015 The housing market

Homes Staying on the Market for a Month Longer Than Last Year in San Jose, Portland, and Seattle
Homes for sale are taking longer to find buyers this January for the first time in three years. Typical home nationwide was on the market

U.S. Home Prices Up a Record 15%
National median home price hit a new record of $320,625. Key housing market takeaways for 434 U.S. metro areas during the 4-week period ending October

Home Prices Rose 11% in August—Biggest Gain in Over 6 Years
The national median home price rose 11% year over year to $328,400 in August—the largest annual increase since February 2014.

Home Prices Up 8% as Supply Fell 22% to a New All-Time Low in July
The national median home price rose 8.2% year over year to an all-time high of $323,800 in July, as low rates drove a spike in early homebuyer demand.

U.S. Median Home Sale Price up 3% to a New High in June
The national median home price rose 2.8% year over year, reaching an all-time high of $311,300 in June.

Home Sales Exceed Pre-Pandemic Levels for the First Time as Mortgage Rates Hit Another Record Low
For the first time, home sales are higher than before the pandemic due to low mortgage rates. With low inventory, homes sell fast and prices rise.

Home Prices Flat, Other Indicators Suggest the Market is Rebounding from Coronavirus Shutdowns
The housing market showed some early signs of recovery in May as new listings and pending sales both increased dramatically from April levels.