News

In November, demand for second homes was up 83% from pre-pandemic levels, an uptick from October’s 72% increase but still slightly below January’s record 91% gain. That’s according to a Redfin analysis of mortgage-rate lock[...]

The median home sale price rose to a record high during the four-week period ending December 5 as the number of homes for sale fell to an all-time low. There are some signs that homebuying may be returning to a more typical seasonal trend, as[...]

In November, 59.5% of home offers written by Redfin agents faced competition, the lowest level in 11 months. That’s down from a revised rate of 61.8% in October and a pandemic peak of 74.6% in April, but up slightly from 57.3% in November[...]

Ten charts that illustrate a record year for the U.S. housing market, including the highest home prices and lowest supply of all time. 2021’s housing market has been, in a word, remarkable. The coronavirus pandemic and the resulting[...]

The median home sale price rose 14% year over year to $359,750, just shy of its all-time high, as the number of homes for sale fell to an all-time low during the four-week period ending December 12. Homebuying demand continued to outpace[...]