U.S. Home Purchases Were Canceled at the Second Highest April Rate on Record
1 in 7 home-purchase agreements fell through last month. The share was higher in many parts of Florida, which is home to 5 of the
As a data journalist, Lily is passionate about helping readers understand complex facets of the housing market. She is particularly interested in the issues of climate change, race and gender equality and housing affordability. Prior to working at Redfin, Lily spent four years as a reporter at Bloomberg News in New York City.
1 in 7 home-purchase agreements fell through last month. The share was higher in many parts of Florida, which is home to 5 of the
Sales of existing homes dropped to a seasonally adjusted annual rate of 4,196,707 in April, and pending sales fell the most since 2023. The supply
Buyer’s agents earned an average of 2.4% in commission in the first quarter. That’s up slightly from when the new NAR rules took effect in
The median asking rent was $1,625, down $80 from the record high, as elevated apartment supply pushed rents lower. Asking rents fell fastest in Austin,
The number of homes for sale in the nation’s capital is at the highest level since 2022 amid a mass reduction in the federal workforce
The $469,729 median asking price is 9% higher than the $431,057 median sale price—the largest gap since 2020. Market dynamics have shifted in favor of
1 in 7 home-purchase agreements fell through last month. The share was higher in many parts of Florida, which is home to 5 of the
Sales of existing homes dropped to a seasonally adjusted annual rate of 4,196,707 in April, and pending sales fell the most since 2023. The supply
Buyer’s agents earned an average of 2.4% in commission in the first quarter. That’s up slightly from when the new NAR rules took effect in
The median asking rent was $1,625, down $80 from the record high, as elevated apartment supply pushed rents lower. Asking rents fell fastest in Austin,
The number of homes for sale in the nation’s capital is at the highest level since 2022 amid a mass reduction in the federal workforce
The $469,729 median asking price is 9% higher than the $431,057 median sale price—the largest gap since 2020. Market dynamics have shifted in favor of