Housing Market
All Reports
October 28, 2025
Pending home sales jumped 17% year over year in San Francisco last month—more than any other major metro. The typical home also sold in roughly 20 days—over twice as fast as the typical U.S. home. The housing market in the San Francisco Bay Area is picking up steam thanks to rising incomes, an AI boom […]
October 23, 2025
A homebuyer on a $3,000 budget has gained $26,000 since last year as mortgage rates drop to the low-6% range. But pending home sales are still slipping. The daily average mortgage rate dropped to 6.17% this week, near the lowest level in three years. Lower mortgage rates are curbing growth in monthly mortgage payments; the […]
October 22, 2025
Nationwide, there are an estimated 37% more sellers than buyers—a near-record gap that’s giving buyers across the country negotiating power. There are seven metros where sellers outnumber buyers by at least 2-to-1, and all but one are in Texas or Florida. There are five remaining seller’s markets, the strongest of which is Newark, NJ. Sale […]
October 22, 2025
Housing costs are frightful and economic jitters are in the air, leading some buyers to leave sellers in the lurch. Just over 53,000 home-purchase agreements nationwide were canceled in September, equal to 15% of homes that went under contract that month. That’s up from 13.6% a year earlier. This is based on a Redfin […]
October 21, 2025
U.S. home prices increased 0.2% from a month earlier in September on a seasonally adjusted basis. On a year-over-year basis, home prices rose 3%, the slowest rate recorded in Redfin Home Price Index (RHPI) data going back to 2012. San Diego (+1.7%) recorded the highest month-over-month price growth of the 50 most populous U.S. metros, […]
