Housing Market News
Prices Hold Strong as Home Sales Drop in November
With gas prices low and consumer confidence at the highest reported level in seven years, there was a lot to be cheery about heading into the holiday home-buying season. However, positive consumer sentiment did not translate into more real estate transactions last month as the number of homes sold plunged 21 percent in November versus October and was down 5 percent from this time last year.
Home Sales Up 2.2% in October, So Why Now?
The number of homes sold was up 2.2 percent year over year in October, making it the first month of 2014 during which home sales
Newly Listed Homes Fall an Unexpected 9.3% in August
A surprising drop in newly listed homes combined with strong homebuyer demand could suggest that home prices will spike upward this fall as they did much of last year. Not so…
Listing Price Drops Will Help Drive a Fall Surge in Home Sales
Homebuyers who have been willing to wait for better deals are starting to be rewarded for their patience, as sellers drop listing prices to meet buyers’ more value-focused expectations.
Four Reasons the Housing Market Could Improve in the Second Half of 2014
While the Fed says the housing market has “lost traction,” Redfin expects the market in urban areas to regain its footing in the second half of 2014.
Prices, Sales Volume, and Inventory Decline in September
The housing market frenzy of 2013 has officially come to a close. In line with normal seasonal trends, home sales, prices, and inventory all dropped
U.S. Pending Home Sales Sink Near 12-Year Low
U.S. pending home sales haven’t been this low since 2014, except the pandemic freeze in 2020. Mortgage rates climbed above 7%, pricing out would-be buyers.
Housing Supply Hits 6-Year High, Giving Buyers Bargaining Power
Editor’s note: This report has been corrected to ensure data accuracy. An earlier version of this report contained incorrect new listings and active listings data.
Home Sales Drop to Lowest Level in Nearly 2 Years, With Texas and Seattle Driving Decline
Near-record home prices, elevated mortgage rates and economic instability drove down U.S. home sales in July. Homebuying demand fell most sharply in Texas and Seattle.
U.S. Home Prices Hit All-Time High, Driven in Part By Big Upticks in San Francisco and West Palm Beach
Prices rose 2.2% year over year in June to a record high, mainly because of growing demand. Existing U.S. home sales ticked up to a
Rising Rates Stall Housing Market Momentum Just After Closed Home Sales Hit Highest Level Since 2022
Closed home sales jumped in May, reflecting April’s dipping mortgage rates and a strong labor market. But pending home sales were flat, a real-time reflection
Home Prices Posted the Biggest Increase in Over a Year in April
The median U.S. home sale price rose 2.4% year over year—the largest gain since March 2025. Pending home sales climbed to the highest level since