A monthly update of housing market supply, demand, and prices.
The number of homes sold was up 2.2 percent year over year in October, making it the first month of 2014 during which home sales clearly outpaced 2013. September’s growth was essentially flat at 0.3 percent, and every other month this year has seen a year-over-year decline in homes sales. So why the uptick now? […]
Home Sales Up 2.2% in October, So Why Now? Read More »
A surprising drop in newly listed homes combined with strong homebuyer demand could suggest that home prices will spike upward this fall as they did much of last year. Not so…
Newly Listed Homes Fall an Unexpected 9.3% in August Read More »
Homebuyers who have been willing to wait for better deals are starting to be rewarded for their patience, as sellers drop listing prices to meet buyers’ more value-focused expectations.
Listing Price Drops Will Help Drive a Fall Surge in Home Sales Read More »
While the Fed says the housing market has “lost traction,” Redfin expects the market in urban areas to regain its footing in the second half of 2014.
Four Reasons the Housing Market Could Improve in the Second Half of 2014 Read More »
The housing market frenzy of 2013 has officially come to a close. In line with normal seasonal trends, home sales, prices, and inventory all dropped from August. Prices had their third consecutive month-over-month drop, falling 2.2 percent this month. Home sales dropped 19 percent from August, and inventory fell 3.4 percent. However, the continuing housing
Prices, Sales Volume, and Inventory Decline in September Read More »
Sales Volume also Experienced a Sharp but Anticipated Seasonal Decline from August; Up 8 Percent Since September 2012 The housing market frenzy of 2013 has officially come to a close. In line with normal seasonal trends, home sales, prices, and inventory all dropped from August. Prices had their third consecutive month-over-month drop, falling 2.2 percent
Home Prices Show Expected Monthly Decline in September; Up 16 Percent Year Over Year Read More »