Housing Market News
Market Tracker
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.
Home Prices Jump in December, Posting Biggest Increase in Almost Two Years
Home prices rose 8.8 percent in December from a year ago, the biggest increase in 22 months.
Home Prices Strengthen and Sales Flatten as Inventory Continues to Decline
Home prices surged in November by 6.8 percent from last year, the biggest increase since April.
The Housing Market Takes a Dramatic Turn as Sales Flatten in October
Home sales stalled in October, increasing just 0.3 percent from last year, an abrupt slowdown from September’s double-digit growth. Twenty-seven of 67 metros tracked by Redfin had fewer transactions, including hot markets like Seattle, Denver, Austin, Miami and Dallas.
Sales Maintain Healthy Growth Even As Buyers Hit Their Limits on Price
The Redfin Housing Demand Index posted its smallest annual increase so far this year, inching up only 0.3 percent to 93 in September from 92 a year earlier. Fewer people are touring and those who are have less to choose from, but they’re still making offers.
Home Sales Up 13.4% in July as Supply Hovers Near Record Lows
Home sales remained strong with an increase of 13.4 percent over last July, and price growth jumped to 5.8 percent year over year, up from 4.6 percent in June.
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
