News

The average home sold for less than its list price for the first time in over 17 months during the four-week period ending August 28, as the housing market cooldown continued. Every month since March of 2021 has seen an average sale-to-list[...]

Real estate investors purchased 87,500 U.S. homes in the second quarter, up 11% quarter over quarter and 5.9% year over year. That’s down from the all-time high of 93,700 in the third quarter of 2021, the height of the pandemic-driven[...]

Nationwide, 44.3% of home offers written by Redfin agents faced competition on a seasonally adjusted basis in July, compared with a revised rate of 50.9% one month earlier and 63.8% one year earlier. That’s the sixth-straight monthly[...]

While rents in the U.S. hit another record in July, rent growth slowed for the second-straight month. The national median asking rent was up 14% year over year to $2,032. That’s the smallest annual increase since November, and compares[...]

The housing-market slowdown is starting to slow down. Fewer homeowners are listing their homes due to ebbing homebuyer demand. That’s hampering the recent growth in housing supply that has been forcing sellers to slash their prices.[...]