A monthly update of housing market supply, demand, and prices.
Homebuyers who have been willing to wait for better deals are starting to be rewarded for their patience, as sellers drop listing prices to meet buyers’ more value-focused expectations.
Listing Price Drops Will Help Drive a Fall Surge in Home Sales Read More »
While the Fed says the housing market has “lost traction,” Redfin expects the market in urban areas to regain its footing in the second half of 2014.
Four Reasons the Housing Market Could Improve in the Second Half of 2014 Read More »
The housing market frenzy of 2013 has officially come to a close. In line with normal seasonal trends, home sales, prices, and inventory all dropped from August. Prices had their third consecutive month-over-month drop, falling 2.2 percent this month. Home sales dropped 19 percent from August, and inventory fell 3.4 percent. However, the continuing housing
Prices, Sales Volume, and Inventory Decline in September Read More »
Sales Volume also Experienced a Sharp but Anticipated Seasonal Decline from August; Up 8 Percent Since September 2012 The housing market frenzy of 2013 has officially come to a close. In line with normal seasonal trends, home sales, prices, and inventory all dropped from August. Prices had their third consecutive month-over-month drop, falling 2.2 percent
Home Prices Show Expected Monthly Decline in September; Up 16 Percent Year Over Year Read More »
Each month, Redfin takes a look at home price trends throughout 19 key US markets. This month shows the rapid rise in home prices and sales volume during much of 2013 has now shifted course. Low mortgage rates and strong pent-up demand had buyers flooding into the market, but now both buyers and sellers are
Summer Prices Cool as We Head Into Fall Read More »
Home prices continued their rise in July and sales volume jumped back up from the unexpected June dip. Price per square foot is up 19 percent year over year, but is up only 1.1 percent month-over-month which is the smallest rise in the past five months and is a sign of a cooling off for
Inventory Drops While Sales and Prices Rise Read More »
