The industry's own research.
42 items
Sellers outnumbered buyers by 51% in July—just shy of December’s record high—giving buyers more negotiating power. The number of buyers in the market fell to a record low of about 967,000 amid historically high housing costs, almost half a million fewer than the 1,463,000 sellers. Nearly 80% of major U.S. metros…
The housing market is gaining slight momentum as the summer winds down, but demand remains subdued overall. U.S. pending home sales edged up 0.4% week over week during the four weeks ending August 9 on a seasonally adjusted basis, offering a small boost to this summer’s sluggish housing market. Mortgage-purchase…
Takeaway: Mortgage rates will see a little relief today on the heels of a weak jobs report that may delay anticipated hikes from the Fed. The economy unexpectedly lost jobs in July, the second month in a row of surprisingly weak data, casting doubt on the theory that the labor market has rebounded. The economy […]…
Highland Park, IL and Overland Park, KS round out the top three. Demand from highly compensated employees of the San Francisco Bay Area’s AI companies earns Noe Valley the No. 7 spot among Redfin’s hottest luxury neighborhoods this year. Strong demand, despite elevated costs, is outpacing supply in many high-end…
Today’s housing market rewards patience over panic: With hundreds of thousands more sellers than buyers in the U.S., buyers in most of the country have time to peruse options and negotiate. U.S. pending home sales fell to their lowest level since early April during the four weeks ending July 26, dropping 1.7% in…
Takeaway: Mortgage rates will largely stay the same for now as the Fed opts against hiking and says little about future plans. There was a historically high level of uncertainty going into this meeting, but ultimately, the Fed decided against hiking today because financial markets did their work for them. The…
The number of Canada-based Redfin.com users searching for U.S. homes fell 15.3% year over year in June. Over the last two years, Canadian searches for U.S. homes have dropped roughly 37%. Canada-based home searches declined in 45 of the 50 most populous U.S. metros, with the biggest drops in San Antonio (-51.8%),…
Nashville is the nation’s second-strongest buyer’s market with 129% more home sellers than buyers in June. In other words, Nashville has more than two home sellers for every buyer actively in the market. Years of steady homebuilding, fast home-price appreciation and higher mortgage rates have shifted Nashville’s…
Tuolumne County, CA, in the Yosemite foothills, lost more residents than any other fire-prone U.S. county in 2025. It was followed closely by Sutter County, also in rural Northern California. Just one-third of the country’s 308 fire-prone counties lost more residents than they gained, while the other two-thirds…
New listings inched up week over week, but they’re near their lowest level since the start of 2026. Still, there are many more sellers than buyers in the market, giving buyers negotiating power. U.S. pending home sales fell 1.3% week over week to their lowest level in three months during the four weeks ending July…
53% of U.S. residents oppose building a data center in their area, while 34% support it, per a recent Redfin survey. U.S. residents are more likely to oppose data centers in their neighborhood than any other type of building; for instance, 39% oppose a new apartment complex nearby. AI data centers are controversial…
Home prices rose 0.3% in June, tied with May for the fastest growth since the start of 2026. Prices rose 3% on a year-over-year basis–the fastest growth rate in 10 months. Prices rose in 30 major metros month over month, with the biggest increases in Columbus (1.2%), Miami (1.1%) and Cincinnati (1%). This is based…
Would-be sellers backed off, too, with new listings falling to their lowest level since the start of 2026. U.S. pending home sales fell 2.2% week over week during the four weeks ending July 12, the first decline in a month. Some house hunters backed off due to stubbornly high housing costs. The weekly average…
Traditionally, most homes for sale appear on all the major real estate portals the day they list. While this gives the home maximum visibility on day one, it also puts pressure on sellers to nail a one-shot listing—or risk making a bad first impression. But now many sellers also have a new option: a soft-launch,…
Homebuyers can now view temperature, precipitation, snowfall, humidity and UV index information on all for-sale listings When you’re buying a home, it’s about more than bedrooms, bathrooms and square footage. You also want to know what everyday life will actually feel like—from snowy winters and rainy springs to…
22% of U.S. residents moving to a different state cited better weather as a factor in their move, the most commonly cited reason, per a new Redfin survey. Nearly as many people, 21%, are looking to move out of state due to concerns about climate change. Weather and climate concerns are more common reasons for […]…
Morgantown, WV, Syracuse, NY and Tuscaloosa, AL, lead U.S. college towns in home-price growth, all posting double-digit year-over-year climbs. The most expensive college towns—Santa Barbara, CA, Boca Raton, FL and Flagstaff, AZ—are seeing home prices fall. The least expensive college towns—Dayton, OH, Syracuse, NY…
Takeaway: Rates will fall today after an unexpectedly soft CPI inflation reading that will keep the Fed from hiking at the July 29th meeting. Inflation data comes in much lower than forecasters expected. Overall headline inflation came in at -0.4% month-over-month (3.5% annual) in June due to energy price declines.…
There were almost half a million more home sellers than buyers in the U.S. in June, equal to 48.5% more. That means buyers hold the negotiating power. The number of homes listed for sale hit its highest level since 2020–but more buyers entered the market, too, which is why the seller-buyer gap didn’t change much…
Prices rose 2.2% year over year in June to a record high, mainly because of growing demand. Existing U.S. home sales ticked up to a seasonally adjusted annual rate of 4.4 million, the highest level since 2022, and pending home sales reached their second-highest level since 2023. Wealthy Bay Area and South Florida…
Rocket has hired Jim Dalrymple as principal of industry relations, a role focused on building relationships with MLSs, trade associations, brokerage leaders and technology partners across the housing industry. As a homeownership platform connecting search, financing and servicing, Rocket and Redfin are investing in…
A new Redfin analysis takes a look at how much Bay Area real estate OpenAI and Anthropic employees could hypothetically purchase with their IPO earnings, in the wake of two massively valuable AI companies filing confidentially to go public. OpenAI employees could buy 20% of all homes in San Francisco, or 15% of all…
Pending home sales ticked up as housing payments temporarily dipped down. U.S. pending home sales rose 1.3% from a week earlier to their highest level since the first half of May during the four weeks ending July 5. This data is seasonally adjusted. Homebuying demand picked up partly because of temporarily…
The number of major metros where you can buy a luxury home for less than $1 million is down five from eight last year. Detroit is the most affordable metro for luxury homes, with a median price of $719,252—47.7% less than the typical luxury home nationwide, $1,374,470. San Francisco is the most expensive, with a…
West Palm Beach, FL, where the typical luxury home costs 8.9 times more than the typical non luxury home, has the nation’s biggest luxury home price premium. Next comes Miami, with a median luxury-to-non luxury home price ratio of 8.8, and New York City, where the typical luxury home costs 5.5 times the typical non…
The median U.S. housing payment posted its first year-over-year increase since October during the four weeks ending June 28 as home prices and mortgage rates rose. Pending home sales crept up 0.4% week over week. We’re taking a break from analysis this week, but please see the tables and charts below for this…
In recognition of National Homeownership Month in June, we surveyed American homeowners about how their homes and neighborhoods make them feel. Most homeowners have warm feelings about their home, with 74% saying their home is a reflection of who they are. The same share, 74%, agreed they would rather be home than…
Luxury U.S. home prices are up 4.7% year over year, compared to a 1.5% increase in non luxury prices, as homebuying demand from affluent people continues to outpace demand from average Americans. High-end buyers are more active partly because they’re less sensitive to high mortgage rates and today’s economic…
CRMLS, the largest real estate listing service in the country, just gave home sellers a more flexible way to bring their home to the market before it is broadly launched across the internet. With a new Limited Exposure Coming Soon option, home sellers can ask their agent to market their home as a Coming Soon […]…
Nearly 1 in 5 U.S. house hunters looked to relocate to a different metro area in the first quarter, up slightly from a year earlier. Florida, Las Vegas and Phoenix are the most popular destinations, with many movers chasing affordability and sunshine. New York, Seattle, Los Angeles and other expensive metros top…
This piece was originally published on Forbes on June 8, 2026. Gen Z is coming of age in an economy where the traditional path to prosperity no longer works, and instead of giving up, they’re beginning to build new ones. For 70 years, the American Dream followed a predictable sequence: school, job, promotion,…
Most Republicans and Democrats believe there should be federal policies in place to make housing more affordable, according to a recent Redfin survey. For instance, 85% of Democrats say there should be first-time buyer tax breaks, and so do 77% of Republicans. These survey results align with broad bipartisan…
The median U.S. home price hit a record high, one factor that’s pushing some prospective buyers away. New listings of U.S. homes for sale fell 1.7% from a week earlier during the week ending June 21 to their lowest level since February. The total number of homes for sale dipped 0.4% week over week, the […] The post…
Passed unanimously out of the Senate Banking Committee, the ROAD to Housing Act embraces solutions to the housing affordability crisis like zoning reform and streamlining rules to encourage more homebuilding. For the first time since the foreclosure crisis, U.S. Congress has taken meaningful action to make housing…
High-flood-risk U.S. counties lost over 63,000 more residents than they gained in 2025–nearly double the prior year’s outflow. Flood-prone places are losing residents partly because of climate risk. Some residents are leaving in search of cheaper housing or different politics. Counties at low risk of flooding…
Home prices rose 0.3% month over month on a seasonally adjusted basis. Prices rose 2.5% on a year-over-year basis–the fastest growth rate in six months. On a local level, prices rose in 29 major metros month over month, with the biggest increases in Cleveland, Providence and New York. This is based on the Redfin…
More than half of homes are selling above asking price in Newark, San Francisco, San Jose and Nassau County, making them the most competitive markets in the nation. The AI boom is leading to bidding wars in the Bay Area, and in the Northeast, many metros are seller’s markets. The least competitive markets are in…
Nearly half of U.S. home sellers gave concessions to buyers in May, the highest May share in our records Concessions were most common in Nashville, the nation’s strongest buyer’s market, where three-quarters of sellers handed out concessions to attract buyers. They were least common in the Bay Area and other…
Nationwide, 13.6% of the homebuying deals made in May fell through. That share has held steady over the last 4 months as buyers and sellers grow accustomed to today’s market. 4 of the 10 metros where contract cancellations were most common were in Texas, and three were in Florida; all are strong buyer’s markets.…
Redfin reported there are 46.9 percent more home sellers than buyers in the U.S. housing market, signaling buyers hold the power. In May 2026, 35 of the 50 most populous U.S. metros were buyer's markets, led by Sun Belt locations.
Redfin's early 2026 housing market update found buyers cautious and sellers returning, with agents anticipating a busier spring. The report tracks inventory, listing activity and buyer-seller dynamics nationally.
Redfin's 2026 housing market predictions frame the year as a reset, with buyers gaining leverage amid rising inventory and persistent affordability constraints. The report forecasts price, sales and mortgage rate trends for the year ahead.