Housing Market News
Market Tracker
Historic Housing Shortage Shows Signs of Letting Up as Sales Decline
The number of homes for sale shrank at its slowest pace in April since the start of the pandemic. Home sales fell and price growth slowed as soaring mortgage rates prompted more buyers to throw in the towel.
Home Sales Fell 4% in March as Buying Costs Shot Up
The hottest March on record ended with early signs of a cooldown as more buyers were edged out by soaring mortgage rates, sky-high prices and
Home Prices Soar Faster to a New High in February
Record-low supply spurs unprecedented winter homebuying competition.
Newly Listed Homes in Short Supply, Down 12% in January
Home sales posted strong monthly gains despite rising mortgage rates and record-low supply.
Stifled By Supply Shortage, Home Sales Post Largest Monthly Decline Since Pandemic Onset
Housing supply fell to a new low in December, fueling a 3.6% month-over-month drop in home sales.
November Marked a New Low for Home Supply
Home prices rose 15% from a year earlier, just shy of their all-time high.
Home Prices Up 3 Percent in July as Supply Fell 3 Percent—The Largest Decline in a Year
U.S. home-sale prices grew at a steady 3.3 percent rate year over year to a median of $318,100 across the metros Redfin tracks. Home prices have been growing in the healthy 3 percent range since May.
Home Prices up 3.4 Percent in June as Supply Flattens
U.S. home-sale prices rose again in June, growing 3.4 percent from a year ago to a median of $321,200 across the metros Redfin tracks.
Supply of Homes for Sale Down 0.3 Percent in June, First Annual Decline in 10 Months
The number of homes for sale nationally fell 0.3 percent year over year in late June—the first annual decline since inventory started climbing in September.
May Home Prices Up 3.6%, the Largest Year-Over-Year Increase in 7 Months
U.S. home-sale prices edged up again in May, growing 3.6 percent from a year ago to a median of $315,700 across the metros Redfin tracks.
More Homebuyers are Having Success with Contingent Offers, Even as the Market Heats Back Up
Although the housing market is beginning to heat back up this spring, more buyers who need to sell their own home are making offers with sale contingencies than a year ago.
Newly Listed Homes Get 3.4 Times More Online Views Than Those With a Price Drop
Homes get 3.4 times more online views the day they are listed than they do the day the seller drops the price.
