Housing Market
All Reports
February 18, 2025
Home prices grew 0.6% month over month in January, equal to the quickest pace since November 2023. On a year-over-year basis, home prices rose 5.4%—the slowest pace since August 2023. Ten of the 50 most populous U.S. metros recorded a drop in home prices month over month, led by Tampa (-1.6%). U.S. home prices rose […]
February 18, 2025
The percentage of U.S. home purchases made in cash fell to 32.6% in 2024, a three-year low, as the total number of all-cash purchases dropped to its lowest level in a decade. Florida homebuyers were most likely to pay cash. Just under one-third (32.6%) of U.S. home purchases were made in cash in 2024, down […]
February 13, 2025
Housing supply rose to the highest level since 2020 in January, but housing demand fell to the lowest level since 2020 as mortgage rates hit an eight-month high. Sellers are making moves because they’re tired of waiting for mortgage rates to fall, but buyers are skittish amid economic uncertainty and rising home prices, which are […]
February 13, 2025
New listings are up 7.4% from a year earlier, while pending sales are down 6%. Sales are slow mostly because of high home prices and mortgage rates. In Washington, D.C. and other places with a high concentration of government workers, Redfin agents report some buyers and sellers are changing plans due to uncertainty about their […]
February 12, 2025
Homebuyers, take note: Many listings are selling for under asking price, and most are lingering on the market. Florida homebuyers are seeing the biggest discount. Today’s average home listing is selling for under its asking price, and taking a long time to sell. While that’s not ideal for sellers, it’s good news for homebuyers who […]
