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In 68 of the 88 most populous U.S. metros, a median-priced home is affordable on a median household income. You’d need to earn an annual salary of more than $265,000 to afford a typical home for sale in the San Francisco area, which[...]

High-end home prices rebounded in the second quarter, but the gain was modest.The average sale price for luxury homes nationwide increased 1 percent year over year to $1.64 million in the second quarter of 2019. This marks a return, albeit[...]

San Francisco, San Diego and Boston were home to the most competitive markets in July, though the bidding war rate in each metro was less than half than it was a year earlier.  Only 11.2 percent of offers written by Redfin agents on behalf of[...]

U.S. home-sale prices rose for the third consecutive month in June, growing 3.4 percent year over year to a median of $321,200 across the metros Redfin tracks. The growth rate of home prices was on par with the May rate and was down from a 5.5[...]

Meanwhile, prices for the most expensive homes increased modestly, up 1 percent year over year. California’s San Jose and Orange County markets buck the national trend, with prices for the most affordable homes falling this year.[...]