The new-homes market is recovering—with sales on the rise—but hurdles including a lumber shortage are still hampering builders.
The post New-Construction Home Listings Drop 4% in August, Reversing Course From July’s Rebound appeared first on Redfin |…
Remote work is accelerating the trend of migration away from expensive places like New York and San Francisco toward relatively affordable inland areas.
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Relatively inexpensive areas outside major cities—like El Dorado County, just east of Sacramento, and Camden County, across the river from Philadelphia—are gaining ground with homebuyers as New York City and San Francisco lose steam.
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For the four-week period ending September 13, home prices were up 13%, pending sales rose 27%, and new listings were 6% higher than the same period in 2019.
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The national median home price rose 11% year over year to $328,400 in August—the largest annual increase since February 2014.
The post Home Prices Rose 11% in August—Biggest Gain in Over 6 Years appeared first on Redfin…
For the four-week period ending September 6, home prices were up 13%, pending sales rose 28%, and new listings were 9% higher than the same period in 2019.
The post Home Prices Up 13%, Biggest Increase Since…
iBuyers purchased the fewest homes in more than three years in the second quarter. But now business is making a comeback, with iBuyers seeing a rebound in demand—and even bidding wars—from homeowners who are in search…
Home prices continued to rise—new listings increased slightly, but gains were dwarfed by rise in pending sales.
The post Housing Market Sees Biggest Uptick in New Listings in Almost 2 Years as Pending Sales Surge 21% appeared…
Relatively affordable places including San Antonio and Baltimore have seen housing supply plummet, while San Francisco has experienced a flood of homes for sale as Americans flee dense, expensive cities
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The U.S. housing market heated up even more, with home prices and measures of competition charging ahead, unfazed by seasonality during the four-week period ending August 23.
The post Seemingly Invincible, the Housing Market Posts More Strong…