How Much Are Home Prices Rising or Falling? The Answer Depends More on Location Than it Has in Over a Decade
Prices are falling by double digits in the Bay Area and rising by double digits in South Florida–a gap that’s near a 30-year high. The
As a data journalist at Redfin, Dana Anderson writes about the numbers behind real estate trends. 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.
Prices are falling by double digits in the Bay Area and rising by double digits in South Florida–a gap that’s near a 30-year high. The
U.S. home prices are down 2.7%, the smallest decline in over a month, and prices are dropping in fewer metros. That’s because there’s so little
Fewer homes are selling than usual this spring–but the ones that are changing hands are going fast, with a small pool of buyers circling an
Homebuyers and sellers are unlikely to face another large mortgage rate jump after the Federal Reserve indicated it intends to pause interest rate increases following
Redfin.com home searches in out-of-town destinations have dropped 4% from a year ago, compared with a 16% drop for searches near home. Migration is holding
New listings are down more than 20% from a year ago as homeowners hang onto low mortgage rates. That’s causing buyers to snap up homes
Prices are falling by double digits in the Bay Area and rising by double digits in South Florida–a gap that’s near a 30-year high. The
U.S. home prices are down 2.7%, the smallest decline in over a month, and prices are dropping in fewer metros. That’s because there’s so little
Fewer homes are selling than usual this spring–but the ones that are changing hands are going fast, with a small pool of buyers circling an
Homebuyers and sellers are unlikely to face another large mortgage rate jump after the Federal Reserve indicated it intends to pause interest rate increases following
Redfin.com home searches in out-of-town destinations have dropped 4% from a year ago, compared with a 16% drop for searches near home. Migration is holding
New listings are down more than 20% from a year ago as homeowners hang onto low mortgage rates. That’s causing buyers to snap up homes