News

U.S. home-sale prices increased 6.7% year over year in January to a median of $306,400 across the 217 metros Redfin tracks. Home prices were also up 0.7% month over month on a seasonally-adjusted basis. The most affordable metro areas[...]

New-home sales rose 8.8% year over year in the fourth quarter, the biggest gain in more than two years and the third-consecutive quarter of increases, driving continued depletion of inventory in the market.New-home supply slid 11.1%[...]

The nation’s top iBuyers purchased 1 of every 100 homes that sold in 2019 across the more than 200 U.S. metro areas Redfin tracks, nearly doubling their 2018 market share of 0.6%. That’s based on a Redfin analysis of MLS and public[...]

This past week, the new coronavirus caused a big drop in financial markets, spurring the Federal Reserve to drop interest rates by half a percentage point and leaving many Redfin customers wondering about the impact an outbreak would have[...]

A majority of offers submitted by Redfin agents faced competition in January according to a survey of more than 500 Redfin agents across the nation. Competition is spiking hard and early in 2020 and agents are reporting a flood of buyers as[...]