Newly built homes accounted for 26.8% of single-family homes for sale nationwide in August, according to a new data report from Redfin. This is down from 28.2% one year ago and 30.6% two years prior, and it also marked the lowest level in four years. Redfin attributed...
Roughly 53,000 home purchase agreements were canceled in September, according to a data report from Redfin. The level of cancelations equals 15% of homes that went under contract last month, up from 13.6% in September 2024. Florida and Texas led the nation with...
Only one-quarter of homes sold in September (25.3%) went for more than their final list price, according to data from Redfin. That share is down from 28.5% one year earlier and marked the lowest September level in six years. September’s average sale-to-list-price...
Roughly 56,000 home purchase agreements were canceled in August, equal to 15.1% of homes that went under contract that month, according to a new data report from Redfin. This is up from 14.3% one year earlier and marked the highest August rate in records dating back...
A new data report by the Rocket Companies (NYSE: RKT) division Redfin has determined there were an estimated 72.3% more condo sellers than buyers (108,945 more) nationwide during August. This marked the fifth straight month in which there have been at least 70% more...