Housing Market News
June Housing Market Was the Fastest and Most Competitive on Record
Most homes in Denver sold in less than a week; 68% of San Jose homes sold above list price.

Housing Demand Fell 5 Percent in May
Early stage housing demand remained strong in May, with the number of Redfin customers requesting tours up 17.7 percent year over year.
The Housing Market Accelerated to its Fastest Pace on Record in May
Sales increased 7 percent, driven by growth in affordable metros

Housing Demand Fell 5 Percent in April Following a Year of Dwindling Home Supply
The Redfin Housing Demand Index fell 4.9 percent to 118 in April, the fifth consecutive month of year-over-year declines.
New Listings Fell Nationwide in April as Home Sales Declined in the West
Inventory dropped 3.2% extending a seven-month decline.

Mortgage Rules Are Hurting Affordable Rentals. Here's What We Can Do.
The riskiest investors aren’t who you might think, Urban Institute research finds.
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