Housing Market News
Home Sales Hit High Speed as Price Growth Taps Brakes
In May homes sold at their fastest pace in nearly two years, with the typical property on the market only 28 days, down from 32 in April. Last month, 35.6 percent of homes went under contract within two weeks of their debut, just shy of the peak rate of 35.8 percent exactly two years ago. For the last three years there’s been a double-digit spike in homes sold; this year, an inventory shortage has kept a lid on that growth.
Buyer Demand Drives Double-Digit Growth in Home Sales, Devouring Inventory
New listings will need to keep pace with high demand in order to prevent another national shift in favor of sellers.
February Comes in Solid with Stable Price Growth, More Home Sales and New Listings
The housing market showed continued signs of strength last month, pointing toward a healthy spring season. In welcome news for buyers, newly listed homes shot
2015 Could Be the Biggest Year for Housing Since the Bust
Redfin customers requesting home tours, an early indicator of housing market performance, jumped nearly 50 percent from a year ago and the number of newly
Home Prices Up 7.6 Percent in January as Redfin Reports Record-Setting Homebuyer Demand
One consistent trend in housing is that prices fall every January. To get the industry’s earliest indication about January prices, today for the first time
Prices Hold Strong as Home Sales Drop in November
With gas prices low and consumer confidence at the highest reported level in seven years, there was a lot to be cheery about heading into the holiday home-buying season. However, positive consumer sentiment did not translate into more real estate transactions last month as the number of homes sold plunged 21 percent in November versus October and was down 5 percent from this time last year.
The Housing Market’s Road to Recovery in Four Charts
Four charts that highlight recent developments in the housing market as coronavirus continues to transform residential real estate.
Homebuyer Demand Outpaced Supply Mid-Pandemic, Leading to Lower Sales and Preventing Price Declines
The effects of the coronavirus pandemic and subsequent shutdowns hit the housing market in full force in April.
Charting the Coronavirus Pandemic's Latest Impact on the Housing Market
Here are seven charts that illustrate the latest developments in the housing market as coronavirus continues to transform residential real estate as we know it.
Charting the Trends in the Current Housing Market
Over the past four weeks, new home listings are down 45%. This decline in new listings has contributed to a 22% decline in home supply compared to last year.
Six Charts That Show the Latest Trends in the Housing Market
Home prices are holding up and demand is strengthening, but new listings continue to drop as the coronavirus outbreak takes a toll on the economy.
US Housing Market Reverses Course in March with Coronavirus Shutdowns
At the beginning of March, the housing market was stronger than ever and the U.S. economy was relatively stable. By the end of March everything had been thrown into extreme disarray.