Housing Market
All Reports
March 3, 2022
The median home sale price rose 16% from a year earlier, the largest increase since August. Tensions in Ukraine have stalled the rapid increase in mortgage rates.
March 2, 2022
Homeowner tenure flattened near its peak in 2021 after steadily rising for nearly a decade The typical American homeowner in 2021 had spent 13.2 years in their home. That’s down slightly from the peak of 13.5 years in 2020 but up significantly from 10.1 years in 2012. The data in this report is from a […]
February 24, 2022
Redfin Deputy Chief Economist Taylor Marr says the Russian invasion of Ukraine and the resulting economic uncertainty is likely to impact the U.S. housing market in several key ways. On a large scale, Redfin’s housing-market outlook for slowing home-price growth and plateauing sales is unchanged despite economic volatility. That’s because opposing forces could simultaneously slow […]
February 24, 2022
New listings post smallest year-over-year decline since mid-November; pending sales rise 1%.
February 23, 2022
70% of home offers written by Redfin agents faced competition in January, up from roughly 60% a year earlier and the highest share in Redfin’s records. Seventy percent of home offers written by Redfin agents faced bidding wars in January on a seasonally adjusted basis, up from 67.7% in December and 61% in January 2021. […]
