Housing Market News
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.
June Housing Market Sets All-Time Records for High Speed and Low Supply
U.S. Home sales increased 11.4 percent in June compared to the same time last year, leaving buyers with the lowest supply of homes for sale on record.
Housing Supply Hit a Three-Year Low in December as Home Prices Continued to Climb
A fast-paced December housing market, along with a lack of new listings, led to historically low inventory and rising home prices
No Holiday for the November Housing Market as Home Prices Climbed Nearly 8 Percent
Home prices posted the largest gain in 14 months.
The October Housing Market Rewarded Sellers with the Largest Price Increase in 10 Months
The median home sale price increased 7 percent in October, the strongest year-over-year growth Redfin has seen in 10 months.
September Home Sales Showed Steady Growth, Up 3.2 Percent Year Over Year
Year-to-date homes sales were up 4 percent compared the same period last year.
Home Sales Rebounded in August, Continuing a 2016 Trend Toward ‘Normal’
Despite strong sales and shrinking inventory, home prices rose at the slowest pace of the year, up just 4.4 percent from last year.
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.