29% of Homes for Sale in Third Quarter Were New Construction—a Record High
New construction is taking up a growing piece of the housing inventory pie as scores of homes built during the pandemic go up for sale
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.
New construction is taking up a growing piece of the housing inventory pie as scores of homes built during the pandemic go up for sale
One-third of homeowners have spent $5,000 or more to make their homes more resilient to climate risk. Overall, extreme temperatures are the most common climate
Cape Coral saw pending sales sink 58%—nearly double the national decline—while Naples and North Port saw similar drops. New listings also slumped in all three
Both buyers and sellers retreated in September as surging mortgage rates made moving more expensive. Still, home prices rose 8% year over year due to
Rents rose 9% year over year in September—the first single-digit increase in a year and a marked slowdown from 18% growth in March. Inflation and
62% of people who plan to buy or sell a home in the next year are reluctant to relocate to a place at risk of
New construction is taking up a growing piece of the housing inventory pie as scores of homes built during the pandemic go up for sale
One-third of homeowners have spent $5,000 or more to make their homes more resilient to climate risk. Overall, extreme temperatures are the most common climate
Cape Coral saw pending sales sink 58%—nearly double the national decline—while Naples and North Port saw similar drops. New listings also slumped in all three
Both buyers and sellers retreated in September as surging mortgage rates made moving more expensive. Still, home prices rose 8% year over year due to
Rents rose 9% year over year in September—the first single-digit increase in a year and a marked slowdown from 18% growth in March. Inflation and
62% of people who plan to buy or sell a home in the next year are reluctant to relocate to a place at risk of