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The total worth of U.S. homes rose 6.7% to $31.4 trillion in October from $29.4 trillion in February. This $2 trillion increase eclipses the $1.7 trillion (6.6%) gain that America’s homeowners reaped during the same period last year,[...]

Nationwide, 56.3% of Redfin offers on homes faced competition in September, down from a revised rate of 59.1% in August. While that’s the first decline in at least five months, a majority of offers still encountered bidding wars—for[...]

The typical “Trump” branded condo that sold in the U.S. this year was purchased for a median of $720,000—9.7% more than the typical comparable luxury condo. That’s down from the 22% price premium Trump-branded condos fetched in[...]

The national median home price rose 14.4% year over year to $333,900 in September, the biggest annual increase of any month on record in Redfin’s data, which goes back to 2012. Prices continue to rise due to record-low mortgage rates (the[...]

“Large, expensive, luxury homes are taking up a bigger share of the homes that are selling, which is driving a high growth rate for the median sale price,” said Redfin chief economist Daryl Fairweather. “Remote work is increasing[...]