The Value of Austin’s Housing Market Surged Nearly 40% in the Past Year—Twice as Fast as the U.S.
The total value of U.S. homes soared 19% year over year to $39 trillion in December, the largest gain that month since at least 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.
The total value of U.S. homes soared 19% year over year to $39 trillion in December, the largest gain that month since at least the
In a strong seller’s market, some homeowners are realizing they can attract bidders without offering as high of a percentage to the buyer’s agent. The
The biggest increase was in Austin, where rents surged 40% from a year earlier.
Many homebuyers are writing upwards of five offers before finding success as remote work, an ongoing housing shortage and low mortgage rates fuel bidding wars.
Digital currencies are becoming an increasingly common payment method as millennials rush the housing market. One in nine first-time homebuyers (11.6%) surveyed in the fourth

Rising rates will likely drive up housing-market competition in the short term.
The total value of U.S. homes soared 19% year over year to $39 trillion in December, the largest gain that month since at least the
In a strong seller’s market, some homeowners are realizing they can attract bidders without offering as high of a percentage to the buyer’s agent. The
The biggest increase was in Austin, where rents surged 40% from a year earlier.
Many homebuyers are writing upwards of five offers before finding success as remote work, an ongoing housing shortage and low mortgage rates fuel bidding wars.
Digital currencies are becoming an increasingly common payment method as millennials rush the housing market. One in nine first-time homebuyers (11.6%) surveyed in the fourth

Rising rates will likely drive up housing-market competition in the short term.