Existing Home Sales Rise to Highest Level in Over a Year and a Half
Homebuying activity picked up in November as election uncertainty dissipated and buyers grew more accustomed to elevated mortgage rates. Existing home sales for the full
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.
Homebuying activity picked up in November as election uncertainty dissipated and buyers grew more accustomed to elevated mortgage rates. Existing home sales for the full
37% of home purchases made by people 65+ occur in counties with high risk of extreme heat, compared with 32% of purchases made by people
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
This year marked the first time since 2010 that low-risk homes across three major climate categories—heat, fire and flood—gained value faster than high-risk homes. That
The five U.S. metro areas where pending sales are falling most are all in Florida, though the declines are easing in some metros following a
Existing home sales rose 1.6% month over month in October to a seasonally adjusted annual rate of 4,179,346. Many buyers who came off the sidelines
Homebuying activity picked up in November as election uncertainty dissipated and buyers grew more accustomed to elevated mortgage rates. Existing home sales for the full
37% of home purchases made by people 65+ occur in counties with high risk of extreme heat, compared with 32% of purchases made by people
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
This year marked the first time since 2010 that low-risk homes across three major climate categories—heat, fire and flood—gained value faster than high-risk homes. That
The five U.S. metro areas where pending sales are falling most are all in Florida, though the declines are easing in some metros following a
Existing home sales rose 1.6% month over month in October to a seasonally adjusted annual rate of 4,179,346. Many buyers who came off the sidelines