New: The Redfin Data Center is here!

Access comprehensive market data, trends, and insights in one place

Housing Market

Affordability

Supply of Affordable Homes Posts Record Gain as Mortgage Forbearance Ends

In the luxury market, demand remains strong but has cooled from its pandemic peak as a return to normalcy has affluent Americans spending their savings outside of the housing market. The supply of America’s most affordable homes for sale jumped a record 13% year over year in the third quarter as mortgage forbearance programs came […]
Bidding Wars

Homebuyer Bidding War Rate Drops to 2021 Low in September

59% of home offers faced competition in September, the lowest level in nine months, amid a seasonal housing-market slowdown and an uptick in mortgage rates. In September, 58.9% of home offers written by Redfin agents faced competition—a record low for 2021. That’s down from a revised rate of 60.8% in August and a peak of […]
Scroll to Top