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Redfin Predicts a More Balanced Housing Market in 2022

Editor’s note: After two of the least predictable years in housing history, we predict that 2022 will be just as unpredictable. But we wouldn’t leave you hanging like that, so Redfin Chief Economist Daryl Fairweather shares below her[...]
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Housing Market Cooled in October, But Relief For Homebuyers Was Short-Lived

Housing Market Cooled in October, But Relief For Homebuyers Was Short-Lived

The median price of homes sold in October was $378,700, up 13% from a year earlier, the lowest growth rate since December 2020. October marked the 15th consecutive month of double-digit price gains. Seasonally-adjusted closed home sales[...]
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Housing Market Update: Home Prices Up 2.2% In a Month, Bucking Typical Fall Slowdown

Housing Market Update: Home Prices Up 2.2% In a Month, Bucking Typical Fall Slowdown

The median home sale price rose 2.2% from a month earlier during a time of year when prices typically flatten. It was up 13% from a year earlier, the biggest annual increase since September. As mortgage rates unexpectedly dipped back below[...]
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Housing Market Update: Higher Mortgage Rates Boost Buyer Urgency

Housing Market Update: Higher Mortgage Rates Boost Buyer Urgency

Home prices ticked up and fast sales became more common in October, bucking the typical seasonal trend. The national median sale price during the four-week period ending October 31 was up 1.5% from three weeks earlier, compared to a 0.1%[...]
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Supply of Affordable Homes Posts Record Gain as Mortgage Forbearance Ends

Supply of Affordable Homes Posts Record Gain as Mortgage Forbearance Ends

The supply of America’s most affordable homes for sale jumped a record 13% year over year in the third quarter as mortgage forbearance programs came to an end, prompting many owners of low-cost homes to put their properties on the[...]
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