Housing Market News
Market Tracker
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.
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
Summer Prices Cool as We Head Into Fall
Each month, Redfin takes a look at home price trends throughout 19 key US markets. This month shows the rapid rise in home prices and
Inventory Drops While Sales and Prices Rise
Home prices continued their rise in July and sales volume jumped back up from the unexpected June dip. Price per square foot is up 19
Home Prices Shot Up in May As Sales Hit 4-Year High
May’s housing market has good news for everyone. Good news for buyers: For-sale home inventory increased in May for the second straight month. Good news
Sales Slip, Listings Plummet, but Home Prices Keep Rising as 2012 Concludes; Inventory Growth Key to 2013 Performance
Home prices, sales, and listings all fell between November and December as the housing market weathered the usually-slow holiday season with a smaller dip in prices than the same time a year ago. Listings continued to drop, falling to a level 33 percent below December 2011 and 44 percent below December 2010.
Redfin Real-Time Home Price Tracker: Home Prices Dip Slightly in September, Still 5% Above 2011
National home prices turned in another 5 percent gain from a year ago in September, even as they began their typical seasonal decline, inching down just under 1 percent from August.
