News

Home prices in February increased 7.2 percent from a year earlier to a median sale price of $260,900. This was the strongest February for price appreciation in three years. Last month also marks five years, or 60 consecutive months, of[...]

The Redfin Housing Demand Index increased 6.5 percent from the previous month to a seasonally adjusted level of 130 in January. This marks the highest level recorded since January 2013, the first month measured by the Redfin Demand[...]

When asked how their perspective has changed in the past year, just over 43 percent of homebuyers said they are “more inclined to buy now,” according to a recent Redfin survey of 1,002 homebuyers. This marks a 10.1 percentage-point[...]

Millennials are the first generation who are entering homeownership already saddled with paying thousands of dollars in student loan debt. The average age of a first-time buyers is 33. And borrowers in their 30s and 40s have the highest[...]

The Redfin Housing Demand Index, based on thousands of Redfin customers requesting home tours and writing offers, declined 7.3 percent from October to a seasonally-adjusted level of 94 in November.A level of 100 represents the[...]