Housing Market News
Housing Market Update: Demand Outpaces Limited Supply, Making Some Markets Feel Hot Despite Few Sales
Limited new listings are making it feel like a seller’s market in some parts of the U.S. even though sales are down by double digits.
Housing Market Update: Early-Stage Homebuying Demand Hits Highest Level Since May
Redfin’s Homebuyer Demand Index, which measures requests for tours and other buying services from our agents, jumped as prices fell for the sixth-straight week and
Housing Market Update: Spring Homebuying Season Kicks Off With Steady Demand, But Lack of Listings Holds Back Sales
Homebuying demand persisted as mortgage rates declined for the second week in a row after the Fed announced it will only modestly hike interest rates.
Housing Market Update: Demand For Mortgages Ticks Up As Rates Drop Amid Banking Turmoil
Whether more buyers return to the market depends largely on how the Fed reacts to unrest in the banking industry alongside persistent inflation. If the
Housing Market Update: Homebuyers’ Monthly Payments Hit All-Time High As Mortgage Rates Rise
Elevated mortgage rates, along with prices that remain high–despite posting a 1% annual drop– pushed monthly housing payments to a record high of nearly $2,600.
Housing Market Update: Home Prices Fall Annually For First Time in a Decade As Mortgage Rates Pass 7%
The median U.S. home-sale price declined 0.6% year over year in February, marking the first annual drop since 2012–but high rates mean homes aren’t more
