News

Homes in rural areas are selling a month faster than last year, and prices are up 16%. The number of homes for sale in rural areas nationwide declined a record 44.4% year over year in the four weeks ending January 21, and fell 38.4% in[...]

The national median home-sale price rose 13% year over year to $334,300 in December. Homebuying demand barely slowed during what is typically one of the slowest months of the year. Closed home sales were up 16% from a year earlier and[...]

High earners and homeowners are most likely to be optimistic about this year’s housing market, reflecting the unequal economic recovery from the pandemic-driven recession. Sixty percent of homebuyers and sellers believe the[...]

U.S. luxury home sales surged 60.7% year over year during the three months ending Nov. 30, the biggest jump since at least 2013, when Redfin began recording this data. That nearly quadrupled the growth we saw during the three months ending[...]

“Going into the new year, it will truly be out with the old, because there will be very few homes from 2020 left on the market,” said Redfin chief economist Daryl Fairweather. “So those who resolve to buy a home in 2021 may need to wait[...]