Housing Market News
March Was the Hottest Month in Housing History
Home prices rose 17% from a year ago in March as days on market, share of homes sold above list, and average sale-to-list price ratio all marked new records.
36% of Homes Sold Above List Price in February, the Highest Share on Record
The national median home-sale price rose 14.4% year over year to $336,200 in February, the largest increase seen since July 2013.
Housing Market Stayed Hot in January as Home Prices Rose 14% and Sales Surged 20%
The US housing market stayed unusually strong through January, with home prices rising 14% and sales climbing 20%.
Home Prices Rose 13% in December, Sales Up 16%
The national median home price rose 13% year over year to $334,300 in December, while homebuying demand barely slowed.
Home Prices Soared 14% in September, a Record-Setting Month for Price, Sales and Speed
Home prices skyrocketed more than 14% year over year in September, the biggest increase on record. The real estate market also experienced historically high sales
U.S. Home Prices Up a Record 15%
National median home price hit a new record of $320,625. Key housing market takeaways for 434 U.S. metro areas during the 4-week period ending October
Home Sales Hit High Speed as Price Growth Taps Brakes
In May homes sold at their fastest pace in nearly two years, with the typical property on the market only 28 days, down from 32 in April. Last month, 35.6 percent of homes went under contract within two weeks of their debut, just shy of the peak rate of 35.8 percent exactly two years ago. For the last three years there’s been a double-digit spike in homes sold; this year, an inventory shortage has kept a lid on that growth.
Buyer Demand Drives Double-Digit Growth in Home Sales, Devouring Inventory
New listings will need to keep pace with high demand in order to prevent another national shift in favor of sellers.
February Comes in Solid with Stable Price Growth, More Home Sales and New Listings
The housing market showed continued signs of strength last month, pointing toward a healthy spring season. In welcome news for buyers, newly listed homes shot
2015 Could Be the Biggest Year for Housing Since the Bust
Redfin customers requesting home tours, an early indicator of housing market performance, jumped nearly 50 percent from a year ago and the number of newly
Home Prices Up 7.6 Percent in January as Redfin Reports Record-Setting Homebuyer Demand
One consistent trend in housing is that prices fall every January. To get the industry’s earliest indication about January prices, today for the first time
Prices Hold Strong as Home Sales Drop in November
With gas prices low and consumer confidence at the highest reported level in seven years, there was a lot to be cheery about heading into the holiday home-buying season. However, positive consumer sentiment did not translate into more real estate transactions last month as the number of homes sold plunged 21 percent in November versus October and was down 5 percent from this time last year.