Real estate investors purchased 17% of homes sold during the third quarter, up by a scant 1% from a 16% share recorded one year earlier. According to data from Redfin, the total investor home purchases came to roughly 52,000 transactions. Investors bought 1% more...
Luxury home sale prices reached a median of $1.28 million, a record high for the month of October, according to new data from Redfin. Last month’s price was a 5.5% year-over-year increase. Luxury home prices increased by roughly three times faster than non-luxury...
The typical luxury home sold for $1.26 million in September, up 4.8% from one year earlier to set a new record high for the month. According to data from Redfin, the sales of luxury homes is occurring at more than twice the pace of price growth for non-luxury homes,...
Luxury home sale prices were up by 3.9% year-over-year to a median $1.25 million, a record high for the month of August, according to new data from Redfin. Luxury home prices grew nearly three times faster than non-luxury home prices, which increased 1.4% to a median...
The typical starter home sold for a record $260,508 in August, a 2.2% year-over-year increase, according to new data from Redfin. In comparison, mid- and high-price home prices grew 1.4% and 2.7% over the same period, respectively, to near-record highs of $370,000 and...