Housing Market News
Migration
Out-of-Towners Moving to Austin Spend $22,500 More on Homes Than Locals
Homebuyers who relocated to Austin during the pandemic paid an average of 7.8% above asking price, versus 3.7% above asking price for locals. This Redfin
Interest in Relocating Remains Elevated, With Nearly 1 in 3 Redfin.com Users Looking to Move to a Different Metro
Phoenix, Las Vegas and Sacramento are among the most popular destinations as remote work allows people the freedom to move from expensive job centers to
More Than 31% of Homebuyers Are Looking to Move to Another Metro, With Pandemic-Driven Migration Pushing Up Prices in Popular Destinations
Phoenix, Austin and Sacramento were three of the five most popular migration destinations in May, and they’re also among the top five metros with the
Eight out of 10 People Who Relocated During the Pandemic Are in a Similar or Better Financial Position Post-Move
About two-thirds of surveyed Redfin.com users who moved to a different metro over the last year have the same or lower housing costs; almost as
The Wave of Pandemic-Era Relocations Continued in April, With Nearly 31% of Homebuyers Looking to Move to Another Metro
The swell of relocations eased slightly in April from the first quarter, when 31.5% of Redfin.com users searched for homes in a different metro area.
For Low-Tax States, Four People Move In For Every One Person Who Leaves
The trend is reversed in high-tax states, where an average of 2.5 people leave for every one person who moves in. One in five homebuyers
Young Americans Are Choosin’ Texas. But Gen Zers Are Moving To San Antonio and Austin, While Millennials Favor Houston.
Gen Zers and millennials alike are leaving some of the nation’s biggest, most expensive metros, but they’re at different life stages—and that shows up in
Americans Are Leaving Areas at Risk of Poor Air Quality, Mostly Because They’re Expensive
U.S. counties at high risk of poor air quality lost 277,740 residents in 2025–roughly half as many as they lost in 2021, at the peak
15% Fewer Canadians Are Searching for Homes in the U.S. Than Last Year
The number of Canada-based Redfin.com users searching for U.S. homes fell 15.3% year over year in June. Over the last two years, Canadian searches for
19% of of House Hunters Are Looking to Relocate–And They’re Headed to the Sun Belt
Nearly 1 in 5 U.S. house hunters looked to relocate to a different metro area in the first quarter, up slightly from a year earlier.
Long-Distance Moves Tick Up: Nearly 1 in 5 House Hunters Are Looking to Relocate
Florida dominates the list of most common migration destinations. Boise and Spokane are also popular. But movement into Florida has slowed significantly since the pandemic
The Number of Canadians Searching For U.S. Homes Is Down 20% From Last Year
Canadian searches for U.S. homes dropped off when the White House announced steep tariffs on Canadian goods in the spring. The decline is especially steep
