Housing Market News
Market Tracker
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
U.S. Homes Are Selling at the Slowest Pace in 6 Years
The typical home that went under contract in March sat on the market for 47 days. Homes sold over twice that fast during the pandemic
Home Prices Are Rising Fast in the Midwest
Milwaukee’s median sale price jumped 20% year over year in February—a bigger increase than any other major metro. Detroit also saw a double-digit gain. A
January Brought More Homes for Sale. Few Were Bought.
Housing supply rose to the highest level since 2020 in January, but housing demand fell to the lowest level since 2020 as mortgage rates hit
Pending Home Sales Fell the Most Since 2022 in December as Mortgage Rates Jumped
Pending home sales dropped 4.5% from November as mortgage rates jumped to the highest level in months. Roughly 40,000 home purchases were called off in
Existing Home Sales Rise to Highest Level in Over a Year and a Half
Homebuying activity picked up in November as election uncertainty dissipated and buyers grew more accustomed to elevated mortgage rates. Existing home sales for the full
Redfin Real-Time Home Price Tracker: Home Prices Hit Two-Year High in August, Up 5% From 2011
National home prices hit a two-year high in August, marking a 5% gain from August 2011 and holding steady month-over-month during a time of year that typically sees a seasonal decline in prices.
Redfin Real-Time Home Price Tracker: July Home Prices Up 3% From 2011; Low Inventory Continues to Stifle Sales
As the latest jobs and consumer confidence data begins to signal that the overall economy may finally be coming back to life, real estate continues to show signs that 2012 is likely the beginning of a long, flat bottom in real estate.
Inventory Shortage: Move Along; Nothing to See Here
We’ve written about feisty buyers, shown data on multiple offers and told the story of Mid-Peninsula Madness. That opened up the floodgates, and now we’re
The Market Spends Another Day In Its Bathrobe, But Feeling Better
Howdy Redfinnians! Time for our monthly tell-you-everything analysis of the real estate market! We just hit $5 billion in home sales, where Redfin agents represented
It’s Not a Monster Truck Rally, It’s A Real Estate Market
Big news Redfinnians! Redfin just raised $15 million, mostly on the strength of nice revenue growth and very, very happy customers. Since launching our service
Insider Report Roundup: A Chilly January for Sellers & Buyers
Earlier this week we published another round of Insider Reports on our local blogs in Seattle, the Bay Area, Washington/Baltimore, Chicago, and new this month:
