Housing Market News

Homes in Austin and Boise are Selling for $80,000 Less Than a Year Ago
Pandemic boomtowns and pricey coastal markets are seeing historic home-price declines. Nationwide, the median home sale price dropped nearly $18,000 from a year earlier in

Home Prices Fell 3% in March—Biggest Annual Drop in Over a Decade
Pandemic boomtowns and pricey coastal markets, including Austin and San Jose, saw among the largest price declines. In many more affordable areas, prices continued to

Home Prices Fell 1% in February—First Annual Drop Since 2012
Prices declined as sellers responded to a drop in homebuyer demand spurred by elevated mortgage rates. San Jose and Austin saw prices fall at roughly

Market Recovery Hampered by High Housing Costs, Low Supply in January
Pending home sales improved slightly, but an ongoing affordability crisis and lack of homes for sale kept many house hunters on the sidelines. Pending home

Pending Home Sales Rise for First Time in 14 Months
Pending sales increased 3% in December from the month before, the first monthly gain since October 2021. But sellers remained on the sidelines, with new

Home Sales Slumped 35% in November, the Biggest Decline on Record
A surge in mortgage rates in early November caused sales and prices to slow, but there are early signs that demand may be creeping back

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