News

Average monthly rents increased 21% nationwide over the past year and 7% in a single month, the highest annual and monthly growth rates in at least two years—as far back as Redfin’s rental data goes. The national median monthly[...]

A dip in new listings contributed to the ongoing supply shortage as home prices hit another all-time high. The median home sale price rose 14.6% year over year to a new all-time high of $361,171 during the four-week period ending December 26[...]

Roughly one in 10 respondents are cancelling their plans to buy or sell a home because of inflation. 29% are delaying homebuying plans due to inflation, while 24% are accelerating their plans. Seventy-three percent of homebuyers and[...]

The housing market started off the new year with fewer homes for sale than ever before, as active listings fell 27% from a year earlier. The number of newly-listed homes for sale fell 10%, but anecdotes from Redfin agents suggest that[...]

The median home sale price rose 15% year over year to an all-time high of $360,500 during the four-week period ending December 19. Pending sales rose 0.1%, the smallest year-over-year increase since June 2020. Sales activity is[...]