The median U.S. home price was $371,875 at the conclusion of the four-week period ending May 14, according to data from Redfin (NASDAQ:RDFN). That represents a 2.7% drop, the smallest decline in over a month. The median asking price of newly listed homes was $398,429,...
New listings of homes for sale dropped 19% year over year during the four weeks ending May 7, according to data from Redfin (NASDAQ:RDFN). As a result of the inventory shortage and mortgage rates that remain above 6%, there were 16% fewer pending home sales than one...