Monthly Market Update

A monthly update of housing market supply, demand, and prices.

Year Over Year Home Price Growth Flattens Nationwide in March

Home Sales Surge in Florida as California Markets See Double-Digit Annual Declines in March

Home sales and prices fell year over year in San Francisco, San Jose and Orange County as housing activity surged in metros with lower home prices and tax burdens U.S. home-sale prices were essentially unchanged in March, ticking down by 0.1 percent from a year ago, to a median of $295,100 across the metros Redfin […]

Home Sales Surge in Florida as California Markets See Double-Digit Annual Declines in March Read More »

Year-Over-Year Price Growth at Lowest Level Since 2012

Home Prices Up 0.6% in February—Smallest Year-Over-Year Gain Since March 2012

Prices fell more than 8 percent in San Francisco and San Jose, up over 10 percent in Newark, Milwaukee and Buffalo. U.S. home-sale prices increased just 0.6 percent in February compared to a year ago, to a median of $287,400 across the metros Redfin tracks. This is the smallest year-over-year price increase recorded since prices

Home Prices Up 0.6% in February—Smallest Year-Over-Year Gain Since March 2012 Read More »

Over One in Five Homes For Sale Has Dropped the Price

More Home-Sellers are Dropping Their Prices Than in Previous Winters as Buyers Seize More Control of the Market

More than one in five homes for sale nationwide dropped its price in the last month. In Fresno it was two in five. More than any time in the past few years, 2019 is shaping up to be a good year for homebuyers. One way the market has shifted to buyers: More price drops. As

More Home-Sellers are Dropping Their Prices Than in Previous Winters as Buyers Seize More Control of the Market Read More »

Year-Over-Year Price Growth Edged Up Slightly in January

Home Price Growth Edged Up Nationally in January While the West Coast Began Seeing Red

Homebuyers are in the strongest position in years as the supply of homes for sale grows at fastest rate since May 2015 The housing market started off 2019 with buyers in a much better position than they were a year earlier. U.S. home-sale prices increased 2.9 percent in January compared to a year ago, to

Home Price Growth Edged Up Nationally in January While the West Coast Began Seeing Red Read More »

West Coast Days on Market Soaring

Homes Staying on the Market for a Month Longer Than Last Year in San Jose, Portland, and Seattle

Homes for sale are taking longer to find buyers this January for the first time in three years. Typical home nationwide was on the market for 55 days, up from 54 last year. Here’s another sign that the housing market is slowing down, literally: The median number of days homes for sale are spending on

Homes Staying on the Market for a Month Longer Than Last Year in San Jose, Portland, and Seattle Read More »

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