News

New listings of newly-built homes dropped 4.1% year over year to a seasonally-adjusted rate of 74,000 in August, reversing course after a 3.8% gain in July. Meanwhile, new listings of existing homes grew 5.2%.“There’s plenty of[...]

The national median home price rose 11% year over year to $328,400 in August—the largest annual increase since February 2014. As has been the case for most of the summer, low mortgage rates drove homebuyer demand, but the supply of homes[...]

“The recent boost in the number of people listing their homes for sale still falls far short of demand from folks looking to buy homes right now,” said Redfin chief economist Daryl Fairweather. “Unfortunately, that means little[...]

The nation’s top iBuyers bought 880 homes in the second quarter, or 0.1% of homes that sold across the 418 U.S. metros tracked by Redfin, as they slowly reopened after suspending business at the beginning of the coronavirus pandemic.[...]

The U.S. housing market heated up even more, with home prices and measures of competition charging ahead, unfazed by seasonality during the four-week period ending August 23 with strong sales and price growth. The seasonally adjusted[...]