Inventory Crunch Begins to Ease with Largest Monthly Listings Increase Since 2010; Home Prices Up 16% Over Last Year

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The housing market across the nation was hot again in April. Yes, home prices are up. But the big story in this month’s report is that inventory posted its largest month-over-month increase in over three years. With more homes finally available to buy,This home sales posted their strongest March to April gain since 2009.

For the full report including data tables, charts, and a downloadable spreadsheet with historic data, visit the Real-Time Price Tracker in Redfin’s Research Center.

Published on May 15th, 2013
Updated on July 15th, 2019

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tim-ellisredfin-com

Senior Data Journalist / Real Estate Analyst

Tim Ellis has been analyzing the real estate market since 2005, and worked at Redfin as a housing market analyst from 2010 through 2013 and again starting in 2018. In his free time, he runs the independently-operated Seattle-area real estate website Seattle Bubble, and produces the improv comedy sci-fi podcast Dispatches from the Multiverse. Redfin is a full-service real estate brokerage that uses modern technology to make clients smarter and faster. For more information about working with a Redfin real estate agent to buy or sell a home, visit our Why Redfin page.

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