Housing Market News

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.

Home Sales Up 2.2% in October, So Why Now?
The number of homes sold was up 2.2 percent year over year in October, making it the first month of 2014 during which home sales
Newly Listed Homes Fall an Unexpected 9.3% in August
A surprising drop in newly listed homes combined with strong homebuyer demand could suggest that home prices will spike upward this fall as they did much of last year. Not so…
Listing Price Drops Will Help Drive a Fall Surge in Home Sales
Homebuyers who have been willing to wait for better deals are starting to be rewarded for their patience, as sellers drop listing prices to meet buyers’ more value-focused expectations.
Four Reasons the Housing Market Could Improve in the Second Half of 2014
While the Fed says the housing market has “lost traction,” Redfin expects the market in urban areas to regain its footing in the second half of 2014.

Prices, Sales Volume, and Inventory Decline in September
The housing market frenzy of 2013 has officially come to a close. In line with normal seasonal trends, home sales, prices, and inventory all dropped

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.