Housing Market
All Reports
May 3, 2022
An influx of people moving into Phoenix, Tampa and Atlanta has led to rapidly rising home prices, one contributor to outsized inflation in those areas. Those Sun Belt metros are still relatively affordable, but scores of new residents and high inflation means the financial benefit of living there is diminishing. Some of the hottest migration […]
April 28, 2022
Home sellers and buyers are retreating at similar rates, resulting in a housing market that remains very competitive even as it slows.
April 27, 2022
Homes are much less affordable than they were a year ago due to skyrocketing prices and surging mortgage rates–especially in Sun Belt metros like Tampa, Phoenix and Las Vegas. Homebuyers in nearly every part of the country have felt the impact of surging housing prices since the start of the pandemic—but especially those in the […]
April 25, 2022
65% of home offers faced competition in March, down from 67% in February, as more buyers moved to the sidelines. Sixty-five percent of home offers written by Redfin agents faced competition on a seasonally adjusted basis in March, down from a revised rate of 66.7% in February. That’s the first month-over-month decline since September—a sign […]
April 21, 2022
Redfin's Homebuyer Demand Index fell for the first time since June, and the share of home sellers dropping their asking price was the highest in five months.
