All Redfin Reports

New Apartments Fill Up Slower, Returning to Pre-Pandemic Speeds Amid Construction Boom
52% of U.S. apartments were rented within three months, down from 54% a quarter earlier. Newly-built 3+ bedroom apartments rented out faster in the third

Asking Rents for Newly Built Apartments Rise 1.5%, the Biggest Spike in 18 Months
The median asking rent for a new apartment rose 1.5% year over year to $1,802 in the third quarter. Asking rents fell in the Northeast,

Renters Are Less Likely Than Homeowners to Feel a Sense of Belonging in Their Neighborhood
47% of renters feel a sense of belonging in their neighborhood, compared with 64% of homeowners, according to a new Redfin survey. 39% of renters

Homebuying Demand Sitting Near Highest Level Since Early Spring As Mortgage Rates Fall
Home tours, mortgage applications and pending sales are rising as mortgage rates decline from the four-month high they hit in late November. More sellers are

Fed on Course to Cut Rates Next Week After As-Expected Inflation Report
Inflation data came in as expected in November, meaning that mortgage rates will stay steady as the Fed remains on course with market expectations to

Asking Rents Fall 0.7% to Lowest Level Since March 2022
The median asking rent fell 0.7% year over year in November to $1,595, dropping 1.1% month over month. The asking price per square foot for