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.
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.
