Housing Market News
May Housing Market Set New Records for Low Supply, Speed and Competition
The median home sale price increased 6.8 percent in May to $288,000. Sales increased 7.5 percent compared to last year, a strong gain despite a
Homes Sold Faster Than Ever in April; Prices Marched Upward
The typical home that sold last month went under contract in just 40 days, and the market is likely to accelerate further
Home-Seller Confidence Blooms this Spring
The strong March housing market was followed by a significant boost in home-seller confidence this April.
Home Sales and Prices Pick Up Steam as Supply Shortage Continues into Spring
The housing market was off to a strong start in March with rising prices and healthy home sales
Home Prices Jumped in February as Sales were Constrained by a Double-digit Inventory Dip
With rising home prices and increasing competition, the early season housing market is showing strong signs of demand dampened by poor supply.
Home Prices and Sales Showed Steady Growth in January While Inventory Continued to Decline
While housing inventory continued to decline, January home prices and sales both increased
Home Sales Up 2.2% in October, So Why Now?
The number of homes sold was up 2.2 percent year over year in October, making it the first month of 2014 during which home sales
Newly Listed Homes Fall an Unexpected 9.3% in August
A surprising drop in newly listed homes combined with strong homebuyer demand could suggest that home prices will spike upward this fall as they did much of last year. Not so…
Listing Price Drops Will Help Drive a Fall Surge in Home Sales
Homebuyers who have been willing to wait for better deals are starting to be rewarded for their patience, as sellers drop listing prices to meet buyers’ more value-focused expectations.
Four Reasons the Housing Market Could Improve in the Second Half of 2014
While the Fed says the housing market has “lost traction,” Redfin expects the market in urban areas to regain its footing in the second half of 2014.
Prices, Sales Volume, and Inventory Decline in September
The housing market frenzy of 2013 has officially come to a close. In line with normal seasonal trends, home sales, prices, and inventory all dropped
Home Prices Show Expected Monthly Decline in September; Up 16 Percent Year Over Year
Sales Volume also Experienced a Sharp but Anticipated Seasonal Decline from August; Up 8 Percent Since September 2012 The housing market frenzy of 2013 has