The median U.S. home sale price rose 2.4% year over year—the largest gain since March 2025. Pending home sales climbed to the highest level since 2023 as the labor market stabilized. Sellers came off the sidelines, too, with active listings hitting the highest level since 2020. The median U.S. home sale price rose 2.4% year […]
Home Prices Posted the Biggest Increase in Over a Year in April Read More »
Monthly housing market data is now available sooner New metrics—including home purchase cancellations, price drops, financing trends, and luxury and starter home data—are now available for direct download Seasonally adjusted data is now the default, helping remove noise and reveal underlying trends We’ve launched a new and improved Redfin Data Center to give you faster
Introducing the New & Improved Redfin Data Center Read More »
More homebuyers jumped into the market as mortgage rates came down temporarily last week, but it’s still slower than past springs. U.S. pending home sales hit their highest level since September 2022 during the four weeks ending May 3. They rose 7.7% year over year on a seasonally adjusted basis. There are a few reasons
Pending Home Sales Hit Highest Level in Nearly 4 Years Read More »
Two Florida neighborhoods–Land O’ Lakes and Plant City–top Redfin’s list of this year’s hottest neighborhoods. Six of the top 10 are Midwest suburbs–a signal that homebuyers are chasing affordability without straying too far from big-city jobs and amenities. The New York City area still has pull, too, landing a pair of neighborhoods in the top
Home prices during the AI boom have surged far faster in the Bay Area’s luxury zip codes than its non luxury zip codes—a split not seen before the launch of GPT-3.5 or in other major U.S. metros. Luxury zip codes in the San Francisco Bay Area saw a 13.4% average jump in home prices in
Bay Area Luxury Home Prices Have Jumped 13% Since Launch of ChatGPT Read More »
Young Americans are more likely than older generations to support data centers in their backyards, according to a Redfin survey. AI data centers face more pushback than other proposed building types in neighborhoods, namely new apartments and multi-use complexes. AI data centers are viewed as controversial partly because some Americans believe they strain electricity and
