Housing Market
All Reports
June 11, 2026
High housing costs and economic instability are driving would-be buyers away. The median U.S. home-sale price hit a record $400,894 during the four weeks ending June 7, up 1.5% year over year. That marks the first time the typical American existing home has sold for over $400,000, according to a Redfin analysis of MLS data. […]
June 9, 2026
35 of the 50 most populous U.S. metros were buyer’s markets in May, led by places in the Sun Belt. There are nearly half a million more home sellers than buyers in the U.S. housing market–46.9% more–signaling that buyers hold the power. The number of sellers entering the market is at a 6-year high. Meanwhile, […]
Rising Rates Stall Housing Market Momentum Just After Closed Home Sales Hit Highest Level Since 2022
June 8, 2026
Closed home sales jumped in May, reflecting April’s dipping mortgage rates and a strong labor market. But pending home sales were flat, a real-time reflection of May’s rising mortgage rates and economic uncertainty, which dampened buyers’ appetites. The Bay Area’s AI-fueled hot housing market contributed to the surge in closed sales, with double-digit sales upticks […]
June 4, 2026
Would-be home sellers are stepping back as high rates and economic jitters keep buyers on the sidelines. New listings of U.S. homes for sale are down 1.3% week over week, one of the biggest declines of the year. Prospective home sellers are backing off because homebuying demand has slowed down. Pending home sales ticked down […]
June 3, 2026
More sellers are delisting in today’s buyer’s market as their homes sit on the market longer than they’d like and/or they’re unable to fetch the price they want. Some sellers who delisted their homes in the last year are relisting them: 2.5% of homes are relistings that were previously pulled off the market, the highest […]
