Redfin Housing Demand Index Fell 6.5% From February to March as Fewer Homes Hit the Market
The Redfin Housing Demand Index fell 6.5 percent month over month to 105 in March, the second consecutive month of declines this year.
Housing Market News
March Home Prices Up 8.9%, the Biggest Increase in Four Years
New listings declined 5.6 percent in March, a sign of waning seller enthusiasm and ongoing tight market conditions.
March Home Prices Up 8.9%, the Biggest Increase in Four Years Read More »
Redfin Housing Demand Index Fell 14 Percent from January to February as Ongoing Supply Shortage Crimped Homebuyer Activity
The Redfin Housing Demand Index fell 14.1 percent month over month to 110 in February.
Home Prices Post Strongest Gain in Nearly Four Years as a Double-Digit Inventory Decline Constrained Sales
“A growing economy, healthy buyer demand and low inventory drove the ramp up in prices last month,” said Redfin chief economist, Nela Richardson
Despite Record-High Costs, New Home Construction Showed Modest Growth in the Fourth Quarter
New construction homes in the fourth quarter of 2017 accounted for 16.4 percent of all single-family homes for sale, the highest level since Redfin began tracking this data in 2012, up from from 14.2 a year earlier. This is a needed sign of progress in a housing market plagued by short supply. The median price
Redfin Housing Demand Index Posted Its Highest January Reading to Start the Year
With mortgage rates and home prices expected to rise and nearly one in five homes selling above list in January, buyers contending for a diminishing supply of homes can expect a competitive year.
Redfin Housing Demand Index Posted Its Highest January Reading to Start the Year Read More »
