SEATTLE--(BUSINESS WIRE)--Pending sales fell 3.5% year over year during the four weeks ending July 6, according to a new report from Redfin, the real estate brokerage powered by Rocket. That was the second biggest decline since early February, trailing only last week's 4.1% fall. There were some encouraging signs for sellers with mortgage purchase applications rising 9% from a week ago as the w...
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Fewer Canadians are searching for homes in the United States than they were at the start of 2025, before the U.S. instituted steep tariffs on Canada and relations between the two countries started suffering. This is according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. The number of Canadian Redfin.com users ...
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The median U.S. home-sale price hit a record high during the four weeks ending June 29, but buyers are getting a bit of cost relief as mortgage rates decline. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Redfin is taking a break from full analysis this week, but please see the tables and chart...
Rocket Companies completed its acquisition of Redfin on Tuesday, bringing together the nation's largest mortgage lender with the tech-enabled Seattle real estate brokerage.
SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) — The median U.S. condo sale price fell 2.2% year over year to $354,100 in May—the second largest drop in records dating back to 2012. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. The only time condo prices posted a larger year-over-year decline was in April 2023 (-2.9%), and th...
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — New listings of U.S. homes for sale are up 2.5% from a year ago, the smallest increase in five months, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. On a local level, new listings are falling in 20 of the 50 most populous U.S. metro areas, with the biggest declines in Tampa, FL (-15.2%), San Antonio (...
SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) —A Bel Air estate was the most expensive home sale of May, fetching $110 million, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Another Los Angeles home, a Spanish villa in neighboring Holmby Hills, came in second, with a sale price of $57.3 million. All in all, four of last month's mos...
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — U.S. home prices edged down 0.1% in May on a seasonally adjusted basis, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Home prices have only posted a month-over-month decline three other times in records dating back to 2012: April 2025, and August-September 2022—when mortgage rates were peaking. Home p...
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