Housing Market News
Market Tracker
Home Prices Up 3 Percent in July as Supply Fell 3 Percent—The Largest Decline in a Year
U.S. home-sale prices grew at a steady 3.3 percent rate year over year to a median of $318,100 across the metros Redfin tracks. Home prices have been growing in the healthy 3 percent range since May.
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.
Homes in Austin and Boise are Selling for $80,000 Less Than a Year Ago
Pandemic boomtowns and pricey coastal markets are seeing historic home-price declines. Nationwide, the median home sale price dropped nearly $18,000 from a year earlier in
Home Prices Fell 3% in March—Biggest Annual Drop in Over a Decade
Pandemic boomtowns and pricey coastal markets, including Austin and San Jose, saw among the largest price declines. In many more affordable areas, prices continued to
Home Prices Fell 1% in February—First Annual Drop Since 2012
Prices declined as sellers responded to a drop in homebuyer demand spurred by elevated mortgage rates. San Jose and Austin saw prices fall at roughly
Market Recovery Hampered by High Housing Costs, Low Supply in January
Pending home sales improved slightly, but an ongoing affordability crisis and lack of homes for sale kept many house hunters on the sidelines. Pending home
Pending Home Sales Rise for First Time in 14 Months
Pending sales increased 3% in December from the month before, the first monthly gain since October 2021. But sellers remained on the sidelines, with new
Home Sales Slumped 35% in November, the Biggest Decline on Record
A surge in mortgage rates in early November caused sales and prices to slow, but there are early signs that demand may be creeping back
