Housing Market News
Market Tracker
Spring Homebuying Season Sputters as Supply Jumps to 5-Year High, Existing-Home Sales Drop to 6-Month Low
Sales of existing homes dropped to a seasonally adjusted annual rate of 4,196,707 in April, and pending sales fell the most since 2023. The supply
U.S. Homes Are Selling at the Slowest Pace in 6 Years
The typical home that went under contract in March sat on the market for 47 days. Homes sold over twice that fast during the pandemic
Home Prices Are Rising Fast in the Midwest
Milwaukee’s median sale price jumped 20% year over year in February—a bigger increase than any other major metro. Detroit also saw a double-digit gain. A
January Brought More Homes for Sale. Few Were Bought.
Housing supply rose to the highest level since 2020 in January, but housing demand fell to the lowest level since 2020 as mortgage rates hit
Pending Home Sales Fell the Most Since 2022 in December as Mortgage Rates Jumped
Pending home sales dropped 4.5% from November as mortgage rates jumped to the highest level in months. Roughly 40,000 home purchases were called off in
Existing Home Sales Rise to Highest Level in Over a Year and a Half
Homebuying activity picked up in November as election uncertainty dissipated and buyers grew more accustomed to elevated mortgage rates. Existing home sales for the full
US Home Prices Up 7% in December
A record shortage of homes for sale drove prices up on a monthly and annual basis. U.S. home-sale prices increased 6.9% year over year in
Home Prices Increased 5% in November Amid Rapid Decline in Number of Homes For Sale
U.S. home-sale prices increased 5.2% year over year in November to a median of $311,600 across the 217 metros Redfin tracks.
U.S. Home Prices up 5.4% in October
U.S. home-sale prices increased 5.4%year over year in October to a median of $313,200 across the 217 metros Redfin tracks.
Home Sales Little Changed in September
U.S. home-sale prices increased 4.6 percent year over year in September to a median of $308,800 across the 217 metros Redfin tracks.
Priced out of the Bay Area? Here are 5 Emerging Tech Hubs Where Software Engineers Can Afford to Buy a Home
We’ve identified 5 areas with software engineers can afford to buy a home and enjoy a high quality of life.
U.S. Home Sales Post Biggest Increase in More Than 2 Years in August
U.S. home-sale prices increased 2.7 percent year over year in August to a median of $312,200 across the 217 metros Redfin tracks.
