Housing Market News
Market Tracker
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.
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.
Pending Home Sales Jumped 2.5% in September, the Biggest Monthly Increase in Over a Year and a Half
Pending sales rose 2.5% month over month as mortgage rates hit a two-year low and the Federal Reserve cut interest rates. Rates have since ticked
Existing Home Sales, Pending Sales Fall to Lowest Level Since Pandemic Start as House Hunters Wait for Mortgage Rates to Drop Further
Sales of existing homes dropped 1% month over month in August to a seasonally adjusted annual rate of 4 million, while pending sales fell 2%.
Existing Home Sales Rose 0.6% Last Month, But Were At the Lowest July Level on Record
Sales of existing homes fell 2% year over year to a seasonally adjusted annual rate of 4.1 million in July. Pending sales were down 3%
Cold Feet: Buyers Backed Out of Deals at Record Rate in June as Home Prices Hit All-Time High
About 56,000 home purchases were canceled, equal to 15% of homes that went under contract—the highest percentage of any June on record. Buyers are skittish
Home Sales Fell to One of the Lowest Levels on Record in May
There have been only two months in the past decade with fewer home sales. High home prices, elevated mortgage rates and an ongoing housing shortage
U.S. Home Prices Hit an All-Time High in April
The median home sale price rose 6% year over year to $434,000 as a lack of new listings buoyed prices. The total number of homes
