The U.S. Housing Market Has 37% More Sellers Than Buyers—More Than Double Last Year’s Gap
There were an estimated 37.2% more home sellers than buyers in the U.S. housing market in November (or 529,770 more, in numerical terms), according to a new report from Redfin, the real estate brokerage powered by Rocket. That’s the largest gap in records dating back to 2013 aside from this summer. It compares with 35.6% a month earlier and 17% a year earlier.
Western New York Is the Most Competitive Place to Buy a Home in America
Irondequoit, NY—a suburb of Rochester—is the most competitive housing market in the U.S., according to a new report from Redfin, the real estate brokerage powered by Rocket. Homes in the lakeside town typically sell in just 8.5 days and for well over their asking price. It’s followed by Sunnyvale, CA, Santa Clara, CA, Tonawanda Town, NY (a Buffalo suburb), and Mountain View, CA.
U.S. Home Prices Ticked Up 0.2% in November from a Month Earlier
U.S. home prices climbed 0.2% month over month in November on a seasonally adjusted basis, slightly smaller than October’s 0.3% monthly increase. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
Home Sellers Retreat, With Supply Posting Biggest Decline Since 2023
Active listings of homes for sale fell 1.4% month over month in November—the biggest drop since June 2023 on a seasonally adjusted basis. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket. New listings dropped 2.2% month over month to the lowest level since April 2024 on a seasonally adjusted basis.
Redfin Reports Pending Home Sales Fall 6%, the Biggest Drop in Nearly a Year
U.S. pending home sales fell 5.8% from a year earlier during the four weeks ending December 14, the biggest decline since the start of 2025. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
The Suburbs of St. Louis Are the Most Affordable Place in the U.S. to Buy a Home
A typical household in Bellefontaine Neighbors, MO, a St. Louis suburb, would need to spend just 16% of their income on housing every month—the lowest share in the nation and less than half the national average. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket. Ferguson, MO (17.6%), Detroit, MI (17.9%), Broussard, LA (18.4%) and Bayou Cane, LA (18.6%) round out the top five.
Redfin Reports Aspen Dominates November’s Priciest Home Sales
A Silicon Valley villa located in Portola Valley was the most expensive home sale of November, fetching $56 million. It’s followed by an Aspen estate that comes complete with a semi-private island, which brought in $53 million, according to a new report from Redfin, the real estate brokerage powered by Rocket.
Washington Flooding: Redfin’s Latest Flood-Risk and Housing Data as Atmospheric River Sweeps State
Torrential rainfall over the past week has caused many of Washington State’s rivers to overflow, flooding scores of homes and triggering power outages and mudslides across the state. Skagit County and Snohomish County, both located north of Seattle, have been hit especially hard. In Skagit County, 22,810 homes—or 28.6%—face high flood risk, according to a new report from Redfin, the real estate brokerage powered by Rocket.
New Listings Post Sharpest Drop in 2 Years, Tightening Housing Supply
New listings of U.S. homes for sale fell 1.7% year over year during the four weeks ending December 7, the biggest decline in over two years. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
Homebuyers Are More Likely to Click on Climate-Risk Data After Major Disasters—But the Urgency Is Fleeting
House hunters on Redfin.com are more likely to click into the climate-risk section of home listings when major natural disasters hit, but it doesn’t take long for this effect to fade, according to a new report from Redfin, the real estate brokerage powered by Rocket.
The Average Buyer’s Agent Commission has Risen Slightly Since New NAR Rules Went Into Effect
The average U.S. buyer’s agent commission was 2.42% for homes sold in the third quarter, up from 2.36% a year earlier, according to a new report from Redfin, the real estate brokerage powered by Rocket.
Redfin Reports Investor Activity Is Muted, With Home Purchases Up 1% and Market Share Holding Steady
U.S. investor home purchases ticked up 1% year over year in the third quarter, coming in at a total of roughly 52,000. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
Starter-Home Sales Climb 5%, But Prices Are Staying in Check as Inventory Hits 9-Year High
Starter-home sales jumped 4.9% year over year in October as buyers benefited from more choices and modest price growth. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket. Mid-priced (+0.7%) and high-priced (+0.8%) home sales also rose from a year earlier, a notable change after a long stretch of year-over-year declines.
Redfin Reports Inventory Growth Loses Steam As Would-Be Sellers React to Lackluster Homebuying Demand
Housing inventory is losing momentum, with growth in total supply slowing down, new listings stalling and delistings becoming more common. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
Redfin Reports 15% of Home Purchases Fell Through in October, Up Slightly From a Year Earlier
Roughly 53,000 U.S. home-purchase agreements were canceled in October, equal to 15.1% of homes that went under contract that month, according to a new report from Redfin, the real estate brokerage powered by Rocket. That’s up from 14.3% a year earlier.
Redfin’s 2026 Predictions: Welcome to The Great Housing Reset
The Great Housing Reset will take shape in 2026. It won’t be a quick price correction or recession, but a yearslong period of gradual increases in home sales and normalization of prices as affordability gradually improves. It will start next year, with incomes rising faster than home prices for a prolonged period for the first time since the Great Recession era, according to annual housing market predictions from Redfin, the real estate brokerage powered by Rocket.
Redfin Reports Rising Home Prices, Economic Volatility Curb Would-Be Buyers’ Appetites in Leadup to Thanksgiving
U.S. pending home sales declined 2.1% year over year during the four weeks ending November 23, the biggest decline in eight months, according to the latest data from Redfin, the real estate brokerage powered by Rocket. Redfin’s analysis is condensed this week due to the Thanksgiving holiday.
Redfin Reports Typical Retail Worker Earns $37,000 Less Than Needed to Afford Typical Apartment
The typical retail worker in America earns $34,436 per year—51.6% less than they would need to afford the typical apartment. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
Delistings Jump 28% as Sellers Pull Homes Off Market Rather Than Settle for Low Prices
Nearly 85,000 U.S. sellers took their homes off the market in September, up 28% from a year earlier and the highest level for that month in eight years, according to a new report from Redfin, the real estate brokerage powered by Rocket.
Redfin Reports U.S. Luxury Home Prices Jump 5.5% in October, Triple the Pace of Non-Luxury Homes
U.S. luxury home sale prices rose 5.5% year over year to a median $1.28 million, a record high for the month of October, according to a new report from Redfin, the real estate brokerage powered by Rocket. Luxury home prices are growing roughly three times faster than non-luxury prices, which rose 1.8% to a median of $373,249.
Redfin Reports Home Prices Post Biggest Gain in 7 Months Despite Slow Demand
The median U.S. home-sale price rose 2.3% during the four weeks ending November 16, the biggest increase in seven months, according to a new report from Redfin, the real estate brokerage powered by Rocket.
The Housing Affordability Crisis Is Accelerating Fastest in Rural America
Homebuyers need to earn an annual income of $74,508 to afford the median-priced home in rural U.S. counties. That’s up 105.8% from before the pandemic, when rural buyers needed to earn $36,206, according to a new report from Redfin, the real estate brokerage powered by Rocket.
Redfin Reports It’s the Strongest Buyer’s Market in Records Dating Back Over a Decade
There were an estimated 36.8% more home sellers than buyers in the U.S. housing market in October (or 528,769 more, in numerical terms)—the largest gap in records dating back to 2013. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
October’s Most Expensive Home Sales Include Adam Levine’s Former Montecito Compound
A brand-new oceanfront estate in Delray Beach, FL was the most expensive home sale of October, bringing in $59 million. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
