Housing Market News

Pending Home Sales Rise to Highest Level in a Year
New listings were near their six-month high in October, helping drive an increase in pending sales, though buyers backed out of deals at the highest

New Listings and Pending Sales Ticked Up in September, But Deals Fell Through at Highest Rate in Almost a Year
New listings inched up as some homeowners opted to cash out, fearing that elevated mortgage rates could drive a drop in home prices. Pending sales

Home Purchases Fell Through at the Highest Rate in Nearly a Year in August
Some homebuyers got cold feet as mortgage rates hit the highest level in over two decades and prices continued to rise, but buyer demand and

Pending Home Sales Ticked Up in July But Still Hovered Near Recent Low
Pending sales have stabilized following months of steep declines, but homebuyer demand remains below pre-pandemic levels as house hunters grapple with elevated mortgage rates, high

Homes Are Selling for Near-Record Highs as Supply Falls to New Low, Demand Picks Up
The median sale price was just 1.5% below its all-time high in June, and the average home sold for above its list price for the

There Were Fewer Homes for Sale in May Than Any Other Month on Record
The pool of homes for sale is shrinking because homeowners feel trapped by rising mortgage rates, with new listings down 25% to the third lowest

U.S. Home Prices Resume Growth, Up 2.8% in April
U.S. home-sale prices edged up in April, growing 2.8 percent from a year ago, to a median of $307,600 across the metros Redfin tracks.

Home Sales Surge in Florida as California Markets See Double-Digit Annual Declines in March
Home sales and prices fell year over year in San Francisco, San Jose and Orange County as housing activity surged in metros with lower home

Home Prices Up 0.6% in February—Smallest Year-Over-Year Gain Since March 2012
Prices fell more than 8 percent in San Francisco and San Jose, up over 10 percent in Newark, Milwaukee and Buffalo. U.S. home-sale prices increased

More Home-Sellers are Dropping Their Prices Than in Previous Winters as Buyers Seize More Control of the Market
More than one in five homes for sale nationwide dropped its price in the last month. In Fresno it was two in five. More than

Home Price Growth Edged Up Nationally in January While the West Coast Began Seeing Red
Homebuyers are in the strongest position in years as the supply of homes for sale grows at fastest rate since May 2015 The housing market

Homes Staying on the Market for a Month Longer Than Last Year in San Jose, Portland, and Seattle
Homes for sale are taking longer to find buyers this January for the first time in three years. Typical home nationwide was on the market