News

Places where home prices shot up due to out-of-towners moving in with big budgets are now seeing prices rapidly decline. Home-price growth has slowed fastest in pandemic boomtowns including Austin, Phoenix and Boise as high mortgage[...]

A record 2% of U.S. homes for sale were delisted each week on average during the 12 weeks ending Nov. 20, compared with 1.6% one year earlier. The share has come down a touch since then, declining to 1.9% during the 12 weeks ending Nov. 27, which[...]

Mortgage applications and Redfin’s demand index, a measure of tours and other homebuying services, are up as mortgage rates continue to come down. But pending home sales declined and the number of homes on the market increased as buyers[...]

We expect home sales to sink to their lowest level in more than a decade in 2023 as high mortgage rates keep housing costs up and prevent people from moving. High homeowner equity and a resilient job market will stave off a wave of[...]

Investor home purchases fell 30.2% year over year nationwide in the third quarter, the largest decline since the Great Recession aside from the second quarter of 2020, when investor activity plummeted due to the onset of the pandemic.[...]