Housing Market News

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.

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.

Five Charts That Show What’s Happening in the Housing Market Right Now
As the US housing market grows accustomed to a new reality under the coronavirus quarantine, homes are sitting on the market for longer and growth in home prices has hit zero

6 Charts That Show What’s Happening in the Housing Market Right Now
Six charts that illustrate the latest developments in the housing market as COVID-19 continues to upend residential real estate.

11 Charts That Show How the Coronavirus Is Impacting the Housing Market
The impacts of the coronavirus pandemic are rippling through nearly every segment of the economy and the housing market is no exception.

Going Into the Coronavirus Crisis, the U.S. Housing Market Was Stronger Than Ever
U.S. home-sale prices increased 6.6% year over year in February to a nationwide median of $293,700.

Home Prices Rose 7% in January, Housing Supply Fell 11%
U.S. home-sale prices increased 6.7% year over year in January to a median of $306,400 across the 217 metros Redfin tracks.