National Association of Realtors report shared on Thursday showed that existing home sales in the United States improved in July, breaking a four-month streak of declines.
The existing home sales grew by 1.3% for the first time since March to reach a seasonally adjusted annual...
Prospective homebuyers in the United States continue to remain on the sidelines amid all-time high prices. Real estate brokerage Redfin recently released a report that shows home sales in the U.S. are approaching their lowest level in a decade.
The home sales in May dropped...
Pending home sales for August were down 7.1% from the previous month, data from the National Association of Realtors revealed. This far outpaces the 1% decline projected by Bloomberg economists and is also a stark contrast from the 0.9% monthly increase recorded in July.
Several...
The increased demand for homes coupled with depressed supply has caused U.S. home prices to get dangerously close to an all-time high. This was revealed in Redfin’s recent report about the state of the market for June.
According to the report, the median home sale...
Data published by Redfin revealed that 30% of Gen Zs who are aged 25 owned a house in 2022. This rate is higher than both Millenials (28%) and Generation Xs (27%) when they were the same age. Only Baby Boomers outpaced Gen Zs, with...
Data from the National Association of Realtors on Thursday showed that U.S. home sales declined in March, with prices falling as well. This marks a particularly tepid start to the spring homebuying season, with buyers already facing a surge in mortgage rates and a...