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Homebuyers may finally start to notice signs that the market is shifting toward their favor. More sellers came to the market during the four weeks ending May 15. New listings climbed nearly twice as fast as they did at this time last year, and[...]

The median monthly asking rent in the U.S. increased 15% year over year to a record high of $1,962 in April. That’s below March’s 17% increase, marking the first slowdown in a year.“The fact that rents are growing at a slower pace may be[...]

The housing market turned a corner in April as the inventory crunch showed signs of easing. The 9% year-over-year decline in homes for sale was the smallest since March 2020 and the first single-digit drop since the start of the pandemic.[...]

The homeownership rates for both Black and white families rose slightly over the last 10 years, with part of the increase taking place during the pandemic. The racial homeownership gap persists. The homeownership rate for Black[...]

The typical homebuyer’s monthly mortgage payment shot up 39%, the largest year-over-year gain on record as the average 30-year-fixed rate hovered at a 12-year high of 5.1%. Redfin’s data on homebuyer mortgage payments is based on[...]