While it’s rarely a good idea to put much stock in a single piece of economic data, the trend in new home sales has been disappointing for a while. Builders simply aren’t constructing enough houses accommodate population growth. It’s one factor of many contributing to the rapid rise in housing costs.
Where Will Everybody Live? New Homes Aren’t Keeping Up Read More »
Today we debut the Redfin Housing Demand Index, the industry’s first and only measure of homebuyer activity prior to purchase.
Welcome to the First-Ever Redfin Housing Demand Index Read More »
The methodology behind the Redfin Housing Demand Index, the industry’s first and only measure of homebuyer activity prior to purchase.
Redfin Housing Demand Index Methodology Read More »
U.S. Home sales increased 11.4 percent in June compared to the same time last year, leaving buyers with the lowest supply of homes for sale on record.
June Housing Market Sets All-Time Records for High Speed and Low Supply Read More »
As the Fed prepares to raise interest rates, some fear they might discourage homebuyers and cause the housing market to slow. Others speculate that increasing rates will create even more demand from buyers who know rates likely will continue their climb. Which is it?
Mortgage Rates — Hike or Hype? Read More »
Europe and Greece are friends again, or at least frenemies, and all eyes are on Fed Chair Janet Yellen. She talks to Congress this week and could offer clues on interest rates. Economic data has been OK, but not great. This week, we’ll get a look at retail sales, inflation, home construction and Pluto.
Here's What's Happening in Housing News Read More »