Housing Market
All Reports
August 29, 2025
Inventory is growing more in Las Vegas than anywhere else in the nation while home sales fall, with many local residents backing off amid economic uncertainty and a faltering tourism industry. The total number of homes for sale in Las Vegas rose 31% year over year in July, the biggest increase of any major U.S. […]
August 28, 2025
Declining mortgage rates have pushed monthly payments down to their lowest level since the start of the year, leading to a modest improvement in demand. But Redfin agents report that many prospective buyers are waiting for rates to drop lower before making a move. The weekly average mortgage rate is sitting at 6.58%, its lowest […]
August 27, 2025
There are an estimated 1.43 million homebuyers in the U.S. housing market—the lowest level in records dating back to 2013 aside from the start of the pandemic. That’s making sellers skittish; the number of sellers has dipped by roughly 14,000 since May, falling for the first time in two years. Still, there are 36% more […]
August 25, 2025
The difference between mortgage rates and the 10-year treasury yield has narrowed, signaling a potential boost for homebuyers. A decrease in the mortgage spread can cause mortgage rates to fall, even without the Fed cutting interest rates. The gap between 10-year treasury yields and mortgage rates (known as the mortgage spread) has dropped to its […]
August 25, 2025
But there are bright spots emerging on the affordability horizon, which could make it easier for young Americans to afford housing in the near future. Seven in 10 Gen Z and millennial renters struggle to afford their regular housing payments, as do 41% of homeowners in that age group, according to a recent Redfin survey. […]
