Housing Market News
Migration
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
26% Fewer Canadians Are Searching For Homes in the U.S. Than Last Year
The number of Redfin.com users based in Canada searching for U.S. homes to rent or buy fell 26.4% from a year earlier in May. That’s
Florida and Texas Are Gaining Residents at a Much Slower Rate Than They Used To, Eating Into Homebuyer Demand
The rising cost of housing and the increasing frequency of natural disasters are slowing migration to certain Florida and Texas metros. The flow of U.S.
Thousands More People Are Moving In Than Out of Fire- and Flood-Prone America, Fueled by Migration to Texas and Florida
America’s high-fire-risk counties saw a net inflow of 63,000 people last year, driven by migration to Texas. High-flood-risk counties saw a net inflow of 16,000,
San Francisco Is Coming Back: Homebuyers are Leaving the Bay Area at Half the Pandemic-Era Rate
Far fewer homebuyers are leaving the Bay Area as life returns to pre-pandemic norms, with many tech companies requiring in-person work and the novelty of
The Pandemic-Driven Migration Boom Is Waning, With the Share of Homebuyers Relocating at Lowest Level in 18 Months
The share of homebuyers moving to a different metro area is coming down from a peak as it becomes less feasible to work remotely. For
Post-Pandemic Migration from Expensive Cities Likely As 1 in 4 Newly Remote Employees Expect Work-From-Home to Continue
The sudden shift to remote work, brought on by the coronavirus shutdowns will accelerate a major migration away from expensive coastal cities.
House Hunters’ Hunger for Small Towns Continues to Soar—Even as Interest in Big Cities Begins to Recover
Americans are shopping for homes in small towns at an exceptionally higher rate than they were last year and even last month
Interest in Rural Areas and Small Towns Spikes During the Coronavirus Outbreak
Small towns and rural areas may be set to boom in the wake of the coronavirus outbreak. Homebuyer interest in these less-populous areas surged in March.
Arizona Amasses Californians and the Political Climate is Changing
Arizona’s political climate looks to change in 2020 after seeing an increase in people migrating from California looking for cheaper housing
Remote Work Is Enabling Americans to Move to More Affordable Cities
For 25% of Americans, telecommuting increases after a move.
Migrants Out of Expensive West Coast Metros Flocked to Portland, Oregon in Q4
Twenty-six percent of Redfin.com home searchers looked to move to another metro area in the fourth quarter of 2019, compared to 25% during the same period last year.
