Housing Market News
Market Tracker
U.S. Homes Are Selling at the Slowest Pace in 6 Years
The typical home that went under contract in March sat on the market for 47 days. Homes sold over twice that fast during the pandemic
Home Prices Are Rising Fast in the Midwest
Milwaukee’s median sale price jumped 20% year over year in February—a bigger increase than any other major metro. Detroit also saw a double-digit gain. A
January Brought More Homes for Sale. Few Were Bought.
Housing supply rose to the highest level since 2020 in January, but housing demand fell to the lowest level since 2020 as mortgage rates hit
Pending Home Sales Fell the Most Since 2022 in December as Mortgage Rates Jumped
Pending home sales dropped 4.5% from November as mortgage rates jumped to the highest level in months. Roughly 40,000 home purchases were called off in
Existing Home Sales Rise to Highest Level in Over a Year and a Half
Homebuying activity picked up in November as election uncertainty dissipated and buyers grew more accustomed to elevated mortgage rates. Existing home sales for the full
Existing Home Sales Post Biggest Increase in Nearly Three Years
Existing home sales rose 1.6% month over month in October to a seasonally adjusted annual rate of 4,179,346. Many buyers who came off the sidelines
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.
