The typical home seller pays an average of 2.55% commission to the real estate agent hired by their home’s buyer, according to an analysis of MLS data by Redfin (NASDAQ:RDFN). That’s down from an average of 2.62% in January, two months before the National Association...
The number of US renter households in the second quarter grew 1.9% year-over-year, according to a new data report from Redfin (NASDAQ:RDFN). The renter growth is more than three times faster than the number of homeowner households, which grew 0.6% in the second...
First-time homebuyers in 237 cities are finding the typical starter home is priced at $1 million or higher, according to new data from Zillow (NASDAQ:Z, ZG). Five years ago in the pre-pandemic housing market, only 84 cities offered $1 million starter homes....
Sales of new single-family houses in June were at a seasonally adjusted annual rate of 617,000, according to estimates from the U.S. Census Bureau and the Department of Housing and Urban Development. June’s activity rate was 0.6% below the revised May rate of 621,000...
The housing market has developed a massive case of cold feet as home purchase transactions are being canceled at a record rate, according to new data from Redfin (NASDAQ:RDFN). During June, Redfin recorded nearly 56,000 home-purchase agreements cancelations, equal to...
Zillow Cuts Its Late-2026 Home Sales Outlook as Rents Accelerate
