News

U.S. home prices are down 2.7%, the smallest decline in over a month, and prices are dropping in fewer metros. That’s because there’s so little inventory hitting the market, with homeowners handcuffed to their houses by low[...]

Fewer homes are selling than usual this spring–but the ones that are changing hands are going fast, with a small pool of buyers circling an even smaller pool of listings. This week’s inflation report, which shows slow but steady[...]

The median U.S. asking rent rose 0.3% year over year to $1,967 in April. That’s the 11th-consecutive month of slowing growth. It compares with a revised increase of 1.4% one month earlier and a 16% increase one year earlier.On a[...]

Elevated mortgage rates are prompting many homeowners to stay put, resulting in bidding wars as buyers compete for a small pool of homes. But buyers and sellers can at least take a little comfort in knowing the Federal Reserve probably[...]

One-quarter of homes for sale in Austin, TX (25.8%) have lower estimated monthly housing payments than they would have if they had been for sale a year ago. That’s a higher share than any other major U.S. metropolitan area Redfin analyzed[...]