News

In May 2017, Redfin commissioned a survey of 3,350 U.S. residents in 11 metropolitan areas who in the past year bought or sold a home, attempted to do so or plan to do so soon. The purpose of the survey was to better understand the perspectives[...]

Housing affordability is a growing problem for the middle class. As home prices across the nation’s 30 largest metro areas have increased by 26 percent since the market bottomed in 2012 and the median household income edged up just 1.6[...]

The Redfin Housing Demand Index increased 9.2 percent from March to a seasonally adjusted level of 121 in April. The Demand Index is based on thousands of Redfin customers requesting home tours and writing offers. A level of 100 represents[...]

The median home sale price increased 6.8 percent in May to $288,000. Sales increased 7.5 percent compared to last year, a strong gain despite a severe shortage in the number of homes for sale.The number of homes for sale fell 10.9 percent,[...]

The median home sale price increased 6.2 percent in April to $280,000, continuing a five-year trend of steady annual growth. A lack of homes for sale kept a lid on sales, which inched up just 1.2 percent compared to last year. The number of[...]