Housing Market
All Reports
August 17, 2021
Primary residence mortgage locks fell for the first time in over two years. Demand for second homes fell 21% year over year in July, the second consecutive month of annual declines in mortgage-purchase locks. This followed 13 months of surging activity in second-home purchases. Demand for primary home purchases fell by 4% year over year […]
August 16, 2021
60% of offers written by Redfin agents faced competition in July, down from 67% in June. Competition is still more intense than it was a year ago. July’s slowdown comes amid a broader cooling in the housing market, which is being driven by an increase in supply. A drop-off in migration from major cities including […]
August 13, 2021
Nearly 5% of listings saw price drops, the highest level since 2019.
August 6, 2021
The five-month streak of record-setting home prices has ended; supply is inching up. At $362,750, the median home sale price did not set a new record high for the first time since early March. Instead it was flat (-0.2%) from the four-week period ending July 25 and up 18% from a year earlier. Trends for […]
July 30, 2021
Luxury-home prices soared 26% year over year in the second quarter, while prices of the most affordable homes grew 19%. Both segments outpaced the rest of the market. The median sale price of U.S. luxury homes jumped 25.8% year over year in the second quarter, while the median sale price of the country’s most affordable […]
