Housing Market News
Market Tracker
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.
Homebuyers Are Scoring the Biggest Autumn Discounts Since 2019
The typical home that sold last month went for 1.4% less than its final list price—the biggest September discount in six years—as a slow housing
Housing Supply Drops Most in 2 Years as Sluggish Demand Spooks Sellers
Active listings fell 1.4% in August—the biggest decline since 2023—as homebuying anxiety spilled over to sellers. Mortgage rates dropped to the lowest level in about
Homes Are Selling at the Slowest Summer Pace in a Decade
The typical home that went under contract in July sat on the market for 43 days—the longest July span since 2015—as pending sales hit a
New Listings of U.S. Homes Fall to Lowest Level in Nearly Two Years
Sluggish homebuying demand and a pileup of inventory are deterring prospective home sellers, some of whom are opting to rent their homes out instead of
Home Prices Grow at Slowest Pace in Nearly 2 Years
Home prices, while at a record high for this time of year, are growing at the slowest clip since 2023 because sellers outnumber buyers. Active
Spring Homebuying Season Sputters as Supply Jumps to 5-Year High, Existing-Home Sales Drop to 6-Month Low
Sales of existing homes dropped to a seasonally adjusted annual rate of 4,196,707 in April, and pending sales fell the most since 2023. The supply
