Housing Market News
Market Tracker
Housing Supply Hit a Three-Year Low in December as Home Prices Continued to Climb
A fast-paced December housing market, along with a lack of new listings, led to historically low inventory and rising home prices
No Holiday for the November Housing Market as Home Prices Climbed Nearly 8 Percent
Home prices posted the largest gain in 14 months.
The October Housing Market Rewarded Sellers with the Largest Price Increase in 10 Months
The median home sale price increased 7 percent in October, the strongest year-over-year growth Redfin has seen in 10 months.
September Home Sales Showed Steady Growth, Up 3.2 Percent Year Over Year
Year-to-date homes sales were up 4 percent compared the same period last year.
Home Sales Rebounded in August, Continuing a 2016 Trend Toward ‘Normal’
Despite strong sales and shrinking inventory, home prices rose at the slowest pace of the year, up just 4.4 percent from last year.
Home Sales Fell 11 Percent in July, but There’s Good Reason Not to Panic
Hint: It had something to do with the number of Fridays in the month.
Home Sales, Listings Plunge Over 20% in September—Most on Record Aside From Pandemic Start
Both buyers and sellers retreated in September as surging mortgage rates made moving more expensive. Still, home prices rose 8% year over year due to
Prospective Home Sellers and Buyers Retreated as Mortgage Rates Approached 6%
New listings fell 8% in August to their lowest level since May 2020. Prior to the onset of the pandemic, the last time so few homes hit the market was August 2012.
July Home Sales Dropped 19% Year Over Year to Lowest Level Since Mid-2020
Buyers backed off amid high mortgage rates and economic uncertainty. New listings were also down, with some prospective sellers staying put as price growth slowed.
Home Supply Is Up For The First Time In Nearly 3 Years
High mortgage rates are keeping homebuyers on the sidelines, leading to declining home sales and a build-up of supply.
Home Sales Post Rare May Decline as Mortgage Rates Rise
Home sales fell in May for only the second time on record, while home prices saw the smallest May increase on record.
Historic Housing Shortage Shows Signs of Letting Up as Sales Decline
The number of homes for sale shrank at its slowest pace in April since the start of the pandemic. Home sales fell and price growth slowed as soaring mortgage rates prompted more buyers to throw in the towel.
