SEATTLE, May 23, 2024--(NASDAQ: RDFN) —The median U.S. home-sale price hit a record $387,600 during the four weeks ending May 19, up 4% from a year earlier. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Weekly average mortgage rates dipped to 7.02% from a five-month high of 7.22% at the start of the month, bringing the median monthly housing payment to $2,854, roughly $20 shy of April’s all-time high.
SEATTLE, May 21, 2024--(NASDAQ: RDFN) — U.S. home prices climbed 0.5% from a month earlier in April on a seasonally adjusted basis, and rose 7.3% from a year earlier, per a new report from Redfin (redfin.com), the technology-powered real estate brokerage.
SEATTLE, May 20, 2024--(NASDAQ: RDFN) — One-third (33.4%) of single-family homes for sale in the U.S. in the first quarter were newly built, essentially unchanged from a year earlier but down from a record-high 34.5% two years earlier. That is according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.