Housing Market News

Homebuyer Demand Ebbs For Fourth-Straight Month
The Redfin Housing Demand Index fell 6.9 percent from a year earlier amid inventory woes.

Redfin Homebuyer Demand Index Down 6% in February After 9 Months of Inventory Declines
Home tours were up 19 percent and offers rebounded 4 percent, but overall homebuyer demand was limited by low supply.
February New Listings Surged 12 Percent, But Overall Inventory Still Falling
Inventory falls to record lows in Seattle, Portland, Louisville and other regions.
2016 is Staged for More Competition as Supply of Homes Dwindles
Demand has outpaced the supply of homes for sale since early 2015, when inventory began to drop sharply in many metro areas while home sales rose, growing nationwide by 9.7 percent overall last year.

Why You Should Buy the Cheapest Home on the Best Block
I bet you think buying an affordable city home requires a sacrifice. Not necessarily.

House Hunters Are Ready and Waiting… for Homes to Buy
Homebuyers are shaking off jittery stock markets and rejoicing at falling mortgage rates. The only problem is inventory.
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
Strong January Home Price Growth and Declining Inventory Signal Another Competitive Spring for Homebuyers
Home Sales Fell in January after Tax Reform Uncertainty Caused Some Buyer Hesitation at Year End