Housing Market News

US Housing Market Reverses Course in March with Coronavirus Shutdowns
At the beginning of March, the housing market was stronger than ever and the U.S. economy was relatively stable. By the end of March everything had been thrown into extreme disarray.

Five Charts That Show What’s Happening in the Housing Market Right Now
As the US housing market grows accustomed to a new reality under the coronavirus quarantine, homes are sitting on the market for longer and growth in home prices has hit zero

6 Charts That Show What’s Happening in the Housing Market Right Now
Six charts that illustrate the latest developments in the housing market as COVID-19 continues to upend residential real estate.

11 Charts That Show How the Coronavirus Is Impacting the Housing Market
The impacts of the coronavirus pandemic are rippling through nearly every segment of the economy and the housing market is no exception.

Going Into the Coronavirus Crisis, the U.S. Housing Market Was Stronger Than Ever
U.S. home-sale prices increased 6.6% year over year in February to a nationwide median of $293,700.

Home Prices Rose 7% in January, Housing Supply Fell 11%
U.S. home-sale prices increased 6.7% year over year in January to a median of $306,400 across the 217 metros Redfin tracks.

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

New Listings and Pending Sales Ticked Up in September, But Deals Fell Through at Highest Rate in Almost a Year
New listings inched up as some homeowners opted to cash out, fearing that elevated mortgage rates could drive a drop in home prices. Pending sales

Home Purchases Fell Through at the Highest Rate in Nearly a Year in August
Some homebuyers got cold feet as mortgage rates hit the highest level in over two decades and prices continued to rise, but buyer demand and

Pending Home Sales Ticked Up in July But Still Hovered Near Recent Low
Pending sales have stabilized following months of steep declines, but homebuyer demand remains below pre-pandemic levels as house hunters grapple with elevated mortgage rates, high

Homes Are Selling for Near-Record Highs as Supply Falls to New Low, Demand Picks Up
The median sale price was just 1.5% below its all-time high in June, and the average home sold for above its list price for the

There Were Fewer Homes for Sale in May Than Any Other Month on Record
The pool of homes for sale is shrinking because homeowners feel trapped by rising mortgage rates, with new listings down 25% to the third lowest