News

It’s a difficult time to be reporting on the recovery in the housing market while the country grieves over the unjust killings of George Floyd, Breonna Taylor, Ahmaud Arbery and many others. In cities across the nation, Americans[...]

Between mid-March and mid-April, the new supply of homes for sale over $1 million fell 29 points from the year prior, according to a new Redfin analysis of listing activity.As of March 15, there were 66,528 homes for sale priced at or above $1[...]

To better understand how the coronavirus pandemic is impacting local housing markets across the country, we identified four of the U.S. metropolitan areas that were hit hard by COVID-19 and analyzed how buyers and sellers are reacting.[...]

In the last five weeks, home-buying demand has come roaring back. For the seven days ended May 10, demand was 5.5% higher than it was before the pandemic, on a seasonally-adjusted basis. The v-shaped recovery in home-buying demand is[...]

In our weekly market update, Redfin reported home-buying demand continued to recover last week, as states began making plans to begin to reopen businesses. Here are five additional charts that illustrate the latest developments in the[...]