Housing Market News
Home Prices up 3.4 Percent in June as Supply Flattens
U.S. home-sale prices rose again in June, growing 3.4 percent from a year ago to a median of $321,200 across the metros Redfin tracks.
Supply of Homes for Sale Down 0.3 Percent in June, First Annual Decline in 10 Months
The number of homes for sale nationally fell 0.3 percent year over year in late June—the first annual decline since inventory started climbing in September.
May Home Prices Up 3.6%, the Largest Year-Over-Year Increase in 7 Months
U.S. home-sale prices edged up again in May, growing 3.6 percent from a year ago to a median of $315,700 across the metros Redfin tracks.
More Homebuyers are Having Success with Contingent Offers, Even as the Market Heats Back Up
Although the housing market is beginning to heat back up this spring, more buyers who need to sell their own home are making offers with sale contingencies than a year ago.
Newly Listed Homes Get 3.4 Times More Online Views Than Those With a Price Drop
Homes get 3.4 times more online views the day they are listed than they do the day the seller drops the price.
U.S. Home Prices Resume Growth, Up 2.8% in April
U.S. home-sale prices edged up in April, growing 2.8 percent from a year ago, to a median of $307,600 across the metros Redfin tracks.
Home Prices Stagnate in Florida and Texas as Supply Soars
The number of homes for sale in Cape Coral, FL and North Port, FL surged roughly 50% from a year earlier in March—more than anywhere
New Listings Rose to the Highest Level in 17 Months in February
Housing supply is finally rebounding as sellers get used to elevated mortgage rates, but it’s not rebounding enough to curb home price growth. High housing
Housing Market Activity Lost Steam in January as Mortgage Rates Stopped Falling and Prices Kept Rising
New listings dropped for the first time since June and pending sales growth slowed; stagnating mortgage rates and the biggest home-price jump in over a
Pending Home Sales Rose 4% in December—Biggest Jump in Over Two Years
Homebuyers came out of the woodwork as mortgage rates posted the biggest monthly decline since 2008. Sellers also came off the sidelines, but not with
Falling Mortgage Rates Breathe New Life Into Housing Market as Listings, Pending Sales and Price Growth Hit Highest Level in Roughly a Year
More homes are changing hands as mortgage rates drop and buyers and sellers see more eye to eye on price. Still, deals are falling through
Pending Home Sales Rise to Highest Level in a Year
New listings were near their six-month high in October, helping drive an increase in pending sales, though buyers backed out of deals at the highest