From Our CEO
Luxury Pending Home Sales Fall 10% to Lowest April Level in Over a Decade as Stock Market Volatility Sidelines Wealthy Buyers
The typical U.S. luxury home sold for $1,348,065 in April, up 6.5% from a year earlier, but down slightly from the record high set in
U.S. Home Purchases Were Canceled at the Second Highest April Rate on Record
1 in 7 home-purchase agreements fell through last month. The share was higher in many parts of Florida, which is home to 5 of the
Redfin Forecast: U.S. Home Prices Will Dip 1% By the End of 2025
Mortgage rates are forecasted to stay elevated near 7%. Redfin economists expect the median U.S. home-sale price to fall flat in the third quarter, and
New Listings Hit Highest Level in Nearly 3 Years
Would-be buyers are sidelined by record-high housing costs and economic instability, allowing inventory to pile up. New listings of U.S. homes for sale rose 8.4%
Redfin Replay: May Economics Q&A
Keeping up with economic news these days is no small feat, but Redfin’s economics team helps us make sense of it all. In a recent
U.S. Home Prices Tick Down 0.1% in April, the First Monthly Drop Since 2022
U.S. home prices in April nudged down 0.1%, the first month-over-month decline since September 2022. Home prices rose 4.1% year over year—the smallest increase since
Luxury Pending Home Sales Fall 10% to Lowest April Level in Over a Decade as Stock Market Volatility Sidelines Wealthy Buyers
The typical U.S. luxury home sold for $1,348,065 in April, up 6.5% from a year earlier, but down slightly from the record high set in
U.S. Home Purchases Were Canceled at the Second Highest April Rate on Record
1 in 7 home-purchase agreements fell through last month. The share was higher in many parts of Florida, which is home to 5 of the
Redfin Forecast: U.S. Home Prices Will Dip 1% By the End of 2025
Mortgage rates are forecasted to stay elevated near 7%. Redfin economists expect the median U.S. home-sale price to fall flat in the third quarter, and
New Listings Hit Highest Level in Nearly 3 Years
Would-be buyers are sidelined by record-high housing costs and economic instability, allowing inventory to pile up. New listings of U.S. homes for sale rose 8.4%
Redfin Replay: May Economics Q&A
Keeping up with economic news these days is no small feat, but Redfin’s economics team helps us make sense of it all. In a recent
U.S. Home Prices Tick Down 0.1% in April, the First Monthly Drop Since 2022
U.S. home prices in April nudged down 0.1%, the first month-over-month decline since September 2022. Home prices rose 4.1% year over year—the smallest increase since
