Housing Market News
Market Tracker
Home Sales Fell 11 Percent in July, but There’s Good Reason Not to Panic
Hint: It had something to do with the number of Fridays in the month.
June Housing Market Was the Fastest and Most Competitive on Record
Most homes in Denver sold in less than a week; 68% of San Jose homes sold above list price.
Housing Demand Fell 5 Percent in May
Early stage housing demand remained strong in May, with the number of Redfin customers requesting tours up 17.7 percent year over year.
The Housing Market Accelerated to its Fastest Pace on Record in May
Sales increased 7 percent, driven by growth in affordable metros
Housing Demand Fell 5 Percent in April Following a Year of Dwindling Home Supply
The Redfin Housing Demand Index fell 4.9 percent to 118 in April, the fifth consecutive month of year-over-year declines.
New Listings Fell Nationwide in April as Home Sales Declined in the West
Inventory dropped 3.2% extending a seven-month decline.
Home Prices Up 5.3% in July, Continuing a Trend of Moderating Growth
San Jose, Seattle and Portland Posted Double-Digit Inventory Increases for the Second Month in a Row
June Home Prices Rose 5.7% Year Over Year; Smallest Increase Since December 2016
Inventory Declines Continue to Moderate; Number of Homes for Sale in June Down Just 6% Compared to June 2017
May Real Estate Market the Fastest on Record; Prices Up 6.3%
Across the 174 markets that Redfin tracks, the typical home sold in May went under contract in 34 days, breaking April’s record of 36 days,
Homes Sold Faster Than Ever in April; Prices Rose 7.6%
The national median home sale price increased 7.6 percent in April from a year ago, to a median of $302,200. This is the first
March Home Prices Up 8.9%, the Biggest Increase in Four Years
New listings declined 5.6 percent in March, a sign of waning seller enthusiasm and ongoing tight market conditions.
Home Prices Post Strongest Gain in Nearly Four Years as a Double-Digit Inventory Decline Constrained Sales
“A growing economy, healthy buyer demand and low inventory drove the ramp up in prices last month,” said Redfin chief economist, Nela Richardson
