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Luxury Home Prices Are Rising 3-Times Faster Than Non-Luxury Prices

Luxury Home Prices Are Rising 3-Times Faster Than Non-Luxury Prices

by Phil Hall | Jun 30, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The median luxury home sale price rose 4.7% year-over-year to $1.37 million during the three months ending May 31, according to a data report from Redfin. That surge is more than triple the 1.5% gain in non-luxury sale prices. Pending sales of luxury homes rose 5.2%...
Report: 19% of House Hunters Looking to Relocate Elsewhere in the Country

Report: 19% of House Hunters Looking to Relocate Elsewhere in the Country

by Phil Hall | Jun 29, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Roughly one in five (19.1%) prospective homebuyers looked to move from one part of the country to another during the first quarter, according to a new data report from Redfin. That share is up slightly from the 18.9% level recorded one year earlier and marked the...
High-Flood-Risk Counties Lost More Residents Than They Gained in 2025

High-Flood-Risk Counties Lost More Residents Than They Gained in 2025

by Phil Hall | Jun 24, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Counties that have higher than normal risks of flooding lost 63,357 more residents than they gained in 2025. According to data from Redfin, that number is nearly double the net outflow from 2024 when 34,099 more people in flood-prone counties moved out than in. In...
Home Sale Cancellation Rate Holds Steady at 13.6%

Home Sale Cancellation Rate Holds Steady at 13.6%

by Phil Hall | Jun 17, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The share of homebuyers backing out of contracts during May totaled 13.6% of the month’s home sale, according to new data from Redfin. That share was unchanged from April on a seasonally adjusted basis and is also marked the fourth consecutive month that contract...
Nearly 6% of All Home Listings Were Taken Down in April

Nearly 6% of All Home Listings Were Taken Down in April

by Phil Hall | Jun 3, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

More sellers are changing their minds about putting their residences up for sale, as 5.8% of all home listings were taken off the market in April. According to a new report from Redfin, April’s level of delistings tied with December 2025 for the highest share since...
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