With the supply of homes for sale at historic lows, the high buyer demand is likely to continue to drive up housing prices in major metros over the next two months.
Redfin Housing Demand Index Hit a New High in May Read More »
The median home sale price increased 6.8 percent in May to $288,000. Sales increased 7.5 percent compared to last year, a strong gain despite a severe shortage in the number of homes for sale. Market Summary May 2017 Month-Over-Month Year-Over-Year Median sale price $288,000 2.9% 6.8% Homes sold 287,000 19.5% 7.5% New listings 360,800 9.6%
May Housing Market Set New Records for Low Supply, Speed and Competition Read More »
African-American and Hispanic families are losing ground in owning homes faster than other racial groups.
Priced Out: The Housing Affordability Gap in America’s Largest Metros Read More »
The Redfin Housing Demand Index increased 9.2 percent from March to a seasonally adjusted level of 121 in April.
Redfin Housing Demand Index Ticks Back Up as Prime Selling Season Commences Read More »
The typical home that sold last month went under contract in just 40 days, and the market is likely to accelerate further
Homes Sold Faster Than Ever in April; Prices Marched Upward Read More »
The strong March housing market was followed by a significant boost in home-seller confidence this April.
Home-Seller Confidence Blooms this Spring Read More »
