During the first quarter of this year, 44.4% of home sale transactions involved seller concessions to buyers, according to data from Redfin (NASDAQ:RDFN). That’s up from 39.3% in the first quarter of 2024 and shy of the 45.1% record set in the first quarter of 2023....
California recorded a seasonally adjusted annualized rate of 277,030 closed escrow sales of existing single-family detached homes during March, down 2.3% from 283,540 sales in February but up 4.9% from 264,200 transactions in March 2024. According to data from the...
The typical home that went under contract in March was on the market for 47 days, according to new data report from Redfin (NASDAQ: RDFN). This is the longest days on the market period for any March since 2019. Redfin noted that more than one-quarter (27%) of homes...
Home sales in March surged by 23% from February, marking the largest month-over-month sales increase since 37.4% in March 2023, according to new data from RE/MAX LLC, a subsidiary of RE/MAX Holdings (NYSE: RMAX). On a year-over-year measurement, sales were down 1.4%....
Home sales across Canada were down in March by 4.8% from the previous month and were down 9.3% from one year earlier, according to data from the Canadian Real Estate Association (CREA). National home sales are now down 20% from their recent high recorded last November...