Housing Affordability Archives

It’s a Buyer’s Market: America Has 44% More Home Sellers Than Buyers—a Near-Record Gap

February 23, 2026

There are 600,000 more home sellers than buyers, giving the buyers who are in the market negotiating power. Only five metro areas are seller’s markets, most of which are located in the Northeast. The South and West are home to the strongest buyer’s markets. There were an estimated 44% more home sellers than buyers in […]

It’s a Buyer’s Market: America Has 44% More Home Sellers Than Buyers—a Near-Record Gap Read More »

Home Prices Start Year Up Just 1% as Buyer’s Market Keeps Growth in Check

February 19, 2026

Pending home sales fell to the lowest level since 2023 and existing-home sales dropped the most since 2022 as elevated housing costs curbed homebuyer demand. Sellers also retreated, but still far outnumbered buyers, meaning the buyers who were in the market could negotiate on price. The typical home that went under contract did so in

Home Prices Start Year Up Just 1% as Buyer’s Market Keeps Growth in Check Read More »

U.S. Home Prices Crept Up 0.3% in January

February 17, 2026

U.S. home prices rose 0.3% from a month earlier in January on a seasonally adjusted basis, and increased 2.1% year over year. Prices fell month over month in 14 major metros, with the biggest declines in Warren, MI, San Antonio and Minneapolis. U.S. home prices crept up 0.3% month over month in January on a

U.S. Home Prices Crept Up 0.3% in January Read More »

All-Cash Home Purchases Ended 2025 at Five-Year Low

February 16, 2026

29% of homebuyers paid with cash in December—the lowest share for that month since 2020—as a drop in mortgage rates diminished the benefits of paying in cash. Cash purchases were most common in Florida and least common on the West Coast. 14% of buyers who took out mortgages used FHA loans—the lowest December share in

All-Cash Home Purchases Ended 2025 at Five-Year Low Read More »

Homebuyer Down Payments Shrink for First Time in 5 Months

February 16, 2026

The typical homebuyer’s down payment dropped 1.5% year over year in December to $64,000 as elevated housing costs and increased negotiating power drove buyers to spend less upfront. In percentage terms, the typical homebuyer put down 15.2% of the purchase price, compared with 16.7% a year earlier. The typical U.S. homebuyer’s down payment fell 1.5%

Homebuyer Down Payments Shrink for First Time in 5 Months Read More »

64% of Single Americans Struggle to Afford Housing, Compared With 39% of Married People

February 12, 2026

Nearly half of single Americans earn less than $50,000 per year, compared to just 9% of married couples, according to a recent Redfin survey. That makes it harder to afford housing–which itself has gotten much more expensive over the years. Single people also tend to be younger, which also makes it harder to afford housing.

64% of Single Americans Struggle to Afford Housing, Compared With 39% of Married People Read More »

New: The Redfin Data Center is here!

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

Housing Affordability