Home prices rose 8.8 percent in December from a year ago, the biggest increase in 22 months. Sales were strong too, up 7.7 percent despite a lack of supply that’s challenging homebuyers. There were fewer homes for sale in December than in[...]
What just happened? Jonas, a revolution in Switzerland, Flint and football. This week brings the annual homeless count, a Fed meeting and updates on the economy and the housing market, including the Redfin Housing Demand Index. And stop[...]
The Redfin Housing Demand Index fell 0.2 percent to 69 in December from a year earlier. The small drop puts homebuyer demand back in line with late 2014 levels, following a 7.1 year-over-year percent increase in November. The number of[...]
Nine years ago this month, home prices posted their first recorded year-over-year drop, one of the earliest signals that the market was going south after years of dizzying growth. A year later, the recession was in full swing and President[...]
The economy added 292,000 jobs in December, more than anyone predicted, pushing 2015 into a robust year for employment growth. Builders in particular reported a spurt of hiring, a good sign for housing.We’ve had two really strong[...]