RDFN Jul 2024 7.000 call
- Business Wire
Redfin Reports U.S. Home Prices Hit New All-Time High, Pushing Pending Sales Down 5%
SEATTLE, July 03, 2024--(NASDAQ: RDFN) — Pending home sales posted their biggest decline since February during the four weeks ending June 30, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. The median sale price rose 5% from a year ago, hitting an all-time high. New listings jumped 10%.
- Business Wire
Redfin Reports Newly Built Apartments Are Filling Up at the Slowest Pace Since 2020
SEATTLE, July 01, 2024--(NASDAQ: RDFN) — Less than half (47%) of newly constructed apartments that were completed in the fourth quarter were rented within three months, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That’s down from 60% a year earlier and is the lowest seasonally-adjusted share on record aside from the first quarter of 2020, when the onset of the pandemic brought the housing market to a halt.
- Simply Wall St.
With 56% ownership of the shares, Redfin Corporation (NASDAQ:RDFN) is heavily dominated by institutional owners
Key Insights Given the large stake in the stock by institutions, Redfin's stock price might be vulnerable to their...
