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23.12.2025
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The U.S. Housing Market Has 37% More Sellers Than Buyers—More Than Double Last Year’s Gap
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There were an estimated 37.2% more home sellers than buyers in the U.S. housing market in November (or 529,770 more, in numerical terms), according to a new report from Redfin, the real estate brokerage powered by Rocket. That’s the largest gap in records dating back to 2013 aside from this summer. It compares with 35.6% a month earlier and 17% a...
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23.12.2025
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Western New York Is the Most Competitive Place to Buy a Home in America
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Irondequoit, NY—a suburb of Rochester—is the most competitive housing market in the U.S., according to a new report from Redfin, the real estate brokerage powered by Rocket. Homes in the lakeside town typically sell in just 8.5 days and for well over their asking price. It’s followed by Sunnyvale, CA, Santa Clara, CA, Tonawanda Town, NY (a Buffalo...
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23.12.2025
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U.S. Home Prices Ticked Up 0.2% in November from a Month Earlier
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U.S. home prices climbed 0.2% month over month in November on a seasonally adjusted basis, slightly smaller than October’s 0.3% monthly increase. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
Prices rose 2.6% from a year earlier, a slightly slower growth rate than October’s 2.9% year-over-year increas...
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20.10.2025
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22.12.2025
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Home Sellers Retreat, With Supply Posting Biggest Decline Since 2023
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Active listings of homes for sale fell 1.4% month over month in November—the biggest drop since June 2023 on a seasonally adjusted basis. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket. New listings dropped 2.2% month over month to the lowest level since April 2024 on a seasonally adjusted basis.
Home s...
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18.12.2025
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Redfin Reports Pending Home Sales Fall 6%, the Biggest Drop in Nearly a Year
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U.S. pending home sales fell 5.8% from a year earlier during the four weeks ending December 14, the biggest decline since the start of 2025. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
On a metro level, pending sales declined in all but six of the 50 most populous U.S. metro areas, with the biggest d...
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17.12.2025
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The Suburbs of St. Louis Are the Most Affordable Place in the U.S. to Buy a Home
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A typical household in Bellefontaine Neighbors, MO, a St. Louis suburb, would need to spend just 16% of their income on housing every month—the lowest share in the nation and less than half the national average. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket. Ferguson, MO (17.6%), Detroit, MI (17.9%), Bro...
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16.12.2025
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Redfin Reports Aspen Dominates November’s Priciest Home Sales
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A Silicon Valley villa located in Portola Valley was the most expensive home sale of November, fetching $56 million. It’s followed by an Aspen estate that comes complete with a semi-private island, which brought in $53 million, according to a new report from Redfin, the real estate brokerage powered by Rocket.
Aspen was home to four of the 10 mos...
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16.12.2025
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Washington Flooding: Redfin’s Latest Flood-Risk and Housing Data as Atmospheric River Sweeps State
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Torrential rainfall over the past week has caused many of Washington State’s rivers to overflow, flooding scores of homes and triggering power outages and mudslides across the state. Skagit County and Snohomish County, both located north of Seattle, have been hit especially hard. In Skagit County, 22,810 homes—or 28.6%—face high flood risk, accord...
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11.12.2025
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New Listings Post Sharpest Drop in 2 Years, Tightening Housing Supply
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New listings of U.S. homes for sale fell 1.7% year over year during the four weeks ending December 7, the biggest decline in over two years. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
Would-be home sellers are pulling back partly because it’s the end of the year, typically a slow season for the hous...
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09.12.2025
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Homebuyers Are More Likely to Click on Climate-Risk Data After Major Disasters—But the Urgency Is Fleeting
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House hunters on Redfin.com are more likely to click into the climate-risk section of home listings when major natural disasters hit, but it doesn’t take long for this effect to fade, according to a new report from Redfin, the real estate brokerage powered by Rocket.
In the 90 days leading up to the 2025 Los Angeles wildfires, Redfin users clicke...
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08.12.2025
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The Average Buyer’s Agent Commission has Risen Slightly Since New NAR Rules Went Into Effect
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The average U.S. buyer’s agent commission was 2.42% for homes sold in the third quarter, up from 2.36% a year earlier, according to a new report from Redfin, the real estate brokerage powered by Rocket.
Commissions were virtually flat from the second quarter (2.43%), leveling out after minor upticks in three consecutive quarters.
This is accordi...
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05.12.2025
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Redfin Reports Investor Activity Is Muted, With Home Purchases Up 1% and Market Share Holding Steady
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U.S. investor home purchases ticked up 1% year over year in the third quarter, coming in at a total of roughly 52,000. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
Investor activity has flattened for the same reason the housing market as a whole is stagnant: Today’s market conditions are essentially t...
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04.12.2025
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Starter-Home Sales Climb 5%, But Prices Are Staying in Check as Inventory Hits 9-Year High
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Starter-home sales jumped 4.9% year over year in October as buyers benefited from more choices and modest price growth. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket. Mid-priced (+0.7%) and high-priced (+0.8%) home sales also rose from a year earlier, a notable change after a long stretch of year-over-ye...
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04.12.2025
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Redfin Reports Inventory Growth Loses Steam As Would-Be Sellers React to Lackluster Homebuying Demand
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Housing inventory is losing momentum, with growth in total supply slowing down, new listings stalling and delistings becoming more common. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
The supply of U.S. homes for sale rose 5.1% year over year during the four weeks ending November 30, the smallest inc...
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03.12.2025
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Redfin Reports 15% of Home Purchases Fell Through in October, Up Slightly From a Year Earlier
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Roughly 53,000 U.S. home-purchase agreements were canceled in October, equal to 15.1% of homes that went under contract that month, according to a new report from Redfin, the real estate brokerage powered by Rocket. That’s up from 14.3% a year earlier.
This is based on a Redfin analysis of MLS pending-sales data. The data is seasonal, which is wh...
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02.12.2025
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Redfin’s 2026 Predictions: Welcome to The Great Housing Reset
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The Great Housing Reset will take shape in 2026. It won’t be a quick price correction or recession, but a yearslong period of gradual increases in home sales and normalization of prices as affordability gradually improves. It will start next year, with incomes rising faster than home prices for a prolonged period for the first time since the Great...
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26.11.2025
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Redfin Reports Rising Home Prices, Economic Volatility Curb Would-Be Buyers’ Appetites in Leadup to Thanksgiving
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U.S. pending home sales declined 2.1% year over year during the four weeks ending November 23, the biggest decline in eight months, according to the latest data from Redfin, the real estate brokerage powered by Rocket. Redfin’s analysis is condensed this week due to the Thanksgiving holiday.
Leading indicators
Indicators of homebuying demand a...
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26.11.2025
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Rocket Companies CFO Brian Brown to Present at UBS Global Technology and AI Conference
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DETROIT, Nov. 26, 2025 /PRNewswire/ -- Rocket Companies (NYSE: RKT) ("Rocket Companies" or the "Company"), the Detroit-based fintech platform company including mortgage, real estate and personal finance businesses, today announced that Chief Financial Officer Brian Brown will participate in a fireside chat at the 2025 UBS Global Technology and AI...
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26.11.2025
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Redfin Reports Typical Retail Worker Earns $37,000 Less Than Needed to Afford Typical Apartment
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The typical retail worker in America earns $34,436 per year—51.6% less than they would need to afford the typical apartment. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
A renter would need to earn $71,172 to afford the typical apartment, which costs $1,779 per month. That means the typical retail wor...
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25.11.2025
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Redfin Reports West Palm Beach Tops 10-Year Luxury Home Price Growth as Traditional Giants Like New York Lag Behind
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West Palm Beach, FL is leading a Sun Belt luxury surge that is redefining the upper end of the U.S. housing market, according to a new report from Redfin, the real estate brokerage powered by Rocket.
Luxury homes in the South Florida metro sold for a median of $4.04 million in October, up 187.3% from a decade ago—more than double the national ris...
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25.11.2025
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CORRECTING and REPLACING Redfin Reports West Palm Beach Tops 10-Year Luxury Home Price Growth as Traditional Giants Like New York Lag Behind
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Please replace the release with the following corrected version due to multiple revisions.
The updated release reads:
REDFIN REPORTS WEST PALM BEACH TOPS 10-YEAR LUXURY HOME PRICE GROWTH AS TRADITIONAL GIANTS LIKE NEW YORK LAG BEHIND
Luxury home sale prices in West Palm Beach, FL have jumped 187.3% to a median $4.04 million over the past decad...
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25.11.2025
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Delistings Jump 28% as Sellers Pull Homes Off Market Rather Than Settle for Low Prices
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Nearly 85,000 U.S. sellers took their homes off the market in September, up 28% from a year earlier and the highest level for that month in eight years, according to a new report from Redfin, the real estate brokerage powered by Rocket.
Delistings Have Been Rising For a Year and a Half
This September is compared to past Septembers because delist...
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21.11.2025
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Redfin Reports U.S. Luxury Home Prices Jump 5.5% in October, Triple the Pace of Non-Luxury Homes
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U.S. luxury home sale prices rose 5.5% year over year to a median $1.28 million, a record high for the month of October, according to a new report from Redfin, the real estate brokerage powered by Rocket. Luxury home prices are growing roughly three times faster than non-luxury prices, which rose 1.8% to a median of $373,249.
That’s according to...
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20.11.2025
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Redfin Reports Home Prices Post Biggest Gain in 7 Months Despite Slow Demand
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The median U.S. home-sale price rose 2.3% during the four weeks ending November 16, the biggest increase in seven months, according to a new report from Redfin, the real estate brokerage powered by Rocket.
Sale prices are rising despite slow homebuying demand because total inventory is dwindling. Still, it’s important to note that home prices ar...
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20.11.2025
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The Housing Affordability Crisis Is Accelerating Fastest in Rural America
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Homebuyers need to earn an annual income of $74,508 to afford the median-priced home in rural U.S. counties. That’s up 105.8% from before the pandemic, when rural buyers needed to earn $36,206, according to a new report from Redfin, the real estate brokerage powered by Rocket.
By comparison, the income needed to afford a home in suburban countie...
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19.11.2025
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Redfin Reports It’s the Strongest Buyer’s Market in Records Dating Back Over a Decade
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There were an estimated 36.8% more home sellers than buyers in the U.S. housing market in October (or 528,769 more, in numerical terms)—the largest gap in records dating back to 2013. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
Redfin defines a market with over 10% more sellers than buyers as a buye...
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18.11.2025
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October’s Most Expensive Home Sales Include Adam Levine’s Former Montecito Compound
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A brand-new oceanfront estate in Delray Beach, FL was the most expensive home sale of October, bringing in $59 million. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
It’s followed closely by the former home of Maroon 5 frontman Adam Levine and Behati Prinsloo, a Montecito, CA compound that fetched $57...
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18.11.2025
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Redfin Reports The U.S. Housing Market Is Stuck, With Sales and Listings Barely Budging
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Numerous housing metrics were flat in October—a notable shift from the ups and downs of recent years, according to a new report from Redfin, the real estate brokerage powered by Rocket.
Pending home sales were little changed from both a month and a year earlier. So were closed home sales and new listings. Price growth has also shown signs of pla...
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18.11.2025
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U.S. Home Prices Rose 0.3% in October from a Month Earlier
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U.S. home prices climbed 0.3% month over month in October on a seasonally adjusted basis, following a 0.2% gain in September. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
Prices rose 2.9% from a year earlier, ticking down from September’s 3.1% year-over-year increase and continuing the gradual slowdo...
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13.11.2025
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Americans Are Spending Less on Holiday Decor, Gifts as Economic Uncertainty Ramps Up
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Holiday cheer is colliding with financial fear, with 28% of Americans trimming their decorating budgets this year and 26% reining in gift spending, according to a new survey from Rocket Mortgage and Redfin, the real estate brokerage powered by Rocket. The pullback isn’t due to a lack of holiday spirit. It's a sign of the times, with many people ch...
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13.11.2025
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Redfin Debuts Conversational Search to Reinvent How People Find Homes
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Redfin (redfin.com), the real estate brokerage powered by Rocket, today launched AI-driven conversational home search.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251113066597/en/Redfin's new AI-powered conversational search feature lets homebuyers have a back and forth dialogue to...
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13.11.2025
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Redfin Reports Pending Home Sales Slip As Would-Be Buyers Wait For Lower Rates and Economic Clarity
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U.S. pending home sales fell 0.3% from a year earlier during the four weeks ending November 9, a tiny decline but the first in four months, according to a new report from Redfin, the real estate brokerage powered by Rocket.
The homes that are selling are staying on the market longer: Homes are taking a median of 49 days to go under contract, the...
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10.11.2025
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Affordability Improves Slightly for Veteran Homebuyers, But Most Homes Are Still Out of Reach
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Nationwide, just over one in five (21.8%) home listings are affordable to the typical U.S. military veteran using a VA loan, while 26.5% are affordable to the typical veteran using a conventional loan. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
Affordability has improved slightly over the last two y...
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07.11.2025
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45% of Americans Say the Government Shutdown Makes Them Less Likely to Make a Major Purchase, Up From 21% in Early October
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Nearly half of Americans (45%) say they’re less likely to make a major purchase like a home or car due to the ongoing federal government shutdown, according to a new Redfin survey. That share has doubled over the past month, rising from 21% in early October to 45% in early November—as detailed in a new report from Redfin, the real estate brokerage...
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06.11.2025
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Flood-Prone America Is Seeing More People Move Out Than In for the First Time Since 2019
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Flood-prone America is losing more residents than it’s gaining for the first time since 2019, according to a new report from Redfin, the real estate brokerage powered by Rocket. High-flood-risk counties saw 29,027 more people move out than in last year. By comparison, low-flood-risk counties saw 35,941 more people move in than out—the largest gain...
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06.11.2025
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Pending Home Sales Barely Budge, as Buyers Stay Cautious Despite Lower Mortgage Rates
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U.S. pending home sales ticked up 0.7% year over year during the four weeks ending November 2, the smallest increase in four months, according to a new report from Redfin, the real estate brokerage powered by Rocket.
Homes are also taking longer to sell: The typical home that sold in October went under contract in 48 days, the longest span for th...
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05.11.2025
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Redfin Reports Military Members, Veterans Make Up Slightly Higher Share of Mortgaged Homebuyers Than Last Year As Buyer’s Market Persists
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Nationwide, 7.3% of mortgaged homebuyers used a VA loan in August, up from 6.5% a year earlier and the highest share for that month since 2019. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
VA loans, which are mortgages available to military service members and veterans, are becoming more prevalent as...
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31.10.2025
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Only 28 Out of Every 1,000 U.S. Homes Changed Hands This Year—The Lowest Turnover in Decades
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Only 28 out of every 1,000 (2.8%) U.S. homes have changed hands in 2025—the lowest turnover rate in at least 30 years. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
Redfin’s analysis examined the period between 2012-2025, but it can confidently say this year’s 2.8% turnover rate is the lowest since at...
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30.10.2025
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Rocket Companies Announces Third Quarter 2025 Results
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Generated Q3'25 total revenue, net of $1.61 billion and adjusted revenue of $1.78 billion. Adjusted revenue came in above the high end of our guidance range
Reported Q3'25 GAAP net loss of $124 million and adjusted net income of $158 million
Delivered Q3'25 adjusted EBITDA of $...
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30.10.2025
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U.S. Luxury Home Prices Rose 5% in September, Twice the Pace of Non-Luxury Prices
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The typical U.S. luxury home sold for $1.26 million in September, up 4.8% from a year earlier and a record high for the month. That’s more than twice the pace of price growth for non-luxury homes, which rose 1.8% year over year to a median of $371,583. This is according to a new report from Redfin, the real estate brokerage powered by Rocket.
Lu...
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30.10.2025
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Median Monthly Housing Payment Posts Biggest Decline in Nearly a Year
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The median U.S. monthly housing payment was $2,530 during the four weeks ending October 26, down 1.4% year over year. That’s the biggest decline since November 2024, according to a new report from Redfin, the real estate brokerage powered by Rocket.
Monthly payments fell mainly because mortgage rates declined last week. The weekly average mortga...
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29.10.2025
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Redfin Reports 27% of For-Sale Homes Are Newly Built, the Lowest Share in 4 Years
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Newly built homes made up 26.8% of single-family homes for sale nationwide in August, the lowest level in four years, according to a new report from Redfin, the real estate brokerage powered by Rocket. That’s down from 28.2% a year earlier and 30.6% two years earlier.
New homes still make up a significantly higher portion of single-family supply...
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28.10.2025
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Bay Area Housing Market Heats Up Amid AI Boom, Return to Office
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The housing market in the San Francisco Bay Area is picking up steam thanks to rising incomes, an AI boom and a return to the office, according to a new report from Redfin, the real estate brokerage powered by Rocket.
Pending home sales in San Francisco jumped 17.1% year over year to the highest September level since 2021 last month. That’s the...
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23.10.2025
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Redfin Reports Mortgage Rates Drop Near 3-Year Low, Opening Door For Homebuyers—But Few Are Walking Through
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Lower mortgage rates are curbing growth in monthly housing payments. The typical U.S. monthly payment is $2,556, up 0.6% year over year, the smallest increase in three months. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
The daily average mortgage rate dropped to 6.17% this week, near the lowest leve...
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22.10.2025
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Redfin Reports Austin, TX Is America’s Strongest Buyer’s Market, With Over Twice as Many Home Sellers as Buyers
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The strongest buyer’s market is Austin, TX, which had an estimated 130% more home sellers than buyers in September, according to a new report from Redfin, the real estate brokerage powered by Rocket.
Following Austin is Fort Lauderdale, FL (118.5% more sellers than buyers), West Palm Beach, FL (113%), Miami (112.2%) and Nashville, TN (109.4%). A...
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22.10.2025
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Sellers Are Getting Ghosted: 15% of Homebuying Contracts Were Canceled in September
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Just over 53,000 home-purchase agreements nationwide were canceled in September, equal to 15% of homes that went under contract that month, according to a new report from Redfin, the real estate brokerage powered by Rocket. That’s up from 13.6% a year earlier.
Homebuyers are ghosting sellers at a higher rate in some parts of the country, mostly...
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21.10.2025
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Redfin Reports U.S. Home Prices Rose 0.2% in September
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U.S. home prices rose 0.2% from a month earlier in September on a seasonally adjusted basis, according to a new report from Redfin, the real estate brokerage powered by Rocket. Matching August’s 0.2% gain, it was the second consecutive month of positive monthly growth after prices were flat in July.
On a year-over-year basis, prices were up 3%,...
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20.10.2025
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Redfin Reports Homebuyers Are Scoring the Biggest Autumn Discounts Since 2019
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Just 25.3% of U.S. homes that sold in September went for more than their final list price, down from 28.5% a year earlier and the lowest September level in six years. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
Two other metrics that measure competition in the housing market also dropped to their lo...
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17.10.2025
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29% of U.S. Home Purchases Are Made in Cash, Essentially Flat From a Year Ago
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Just under three in 10 (28.8%) U.S. homebuyers paid in all cash in August, down just incrementally from 29% a year earlier, according to a new report from Redfin, the real estate brokerage powered by Rocket.
The prevalence of all-cash payments peaked at nearly 35% in late 2023 and early 2024 because mortgage rates peaked in the high-7% range dur...
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16.10.2025
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Rocket Companies to Announce Third Quarter 2025 Results on October 30, 2025
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DETROIT, Oct. 16, 2025 /PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) ("Rocket Companies" or "the Company"), the Detroit-based fintech platform including mortgage, real estate, title and personal finance businesses, today announced that the Company will issue its third quarter 2025 earnings on October 30, 202...
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16.10.2025
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September’s Most Expensive Home Sales Include Ellen DeGeneres’ Former Montecito Mansion
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The Green Gables estate in the Bay Area, which consists of seven houses on 74 acres, was the most expensive home sale of September, bringing in $85 million. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
It’s followed by an Aspen, CO property that sold for $58.3 million. Next comes a multi-property sal...
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16.10.2025
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New Listings Creep Up As Would-Be Homebuyers Back Off, Haunted By High Prices and Economic Unease
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New listings of U.S. homes for sale rose 4.1% year over year during the four weeks ending October 12, the biggest increase in over four months, according to a new report from Redfin, the real estate brokerage powered by Rocket.
More sellers are entering the market because they’re hoping lower mortgage rates and a small improvement in affordabili...
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09.10.2025
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Redfin Reports More Home Sellers Test the Market, but Buyers Aren’t Budging
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New listings of U.S. homes for sale rose 2.3% year over year during the four weeks ending October 5, the biggest increase in over three months, according to a new report from Redfin, the real estate brokerage powered by Rocket. Some sellers listed their homes in September as the weekly average mortgage rate dipped to 6.26%, a 10-month low, in hope...
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08.10.2025
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17% of Americans Are Delaying a Major Purchase Like a Home or Car Due to Government Shutdown, While 65% Are Undeterred
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Roughly one in six (17%) Americans are delaying a major purchase like a home or car because of the federal government shutdown. That’s according to a new survey commissioned by Redfin, the real estate brokerage powered by Rocket. Another 7% are canceling plans for a major purchase altogether.
The majority of Americans (65%) said the government s...
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07.10.2025
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Redfin Reports Nearly 60,000 Home Purchases Were Called Off in August
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Roughly 56,000 U.S. home-purchase agreements were canceled in August, equal to 15.1% of homes that went under contract that month, according to a new report from Redfin, the real estate brokerage powered by Rocket. That’s up from 14.3% a year earlier and marks the highest August rate in records dating back to 2017.
Home purchases are falling thr...
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06.10.2025
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Redfin Reports There Are 72% More Condo Sellers Than Buyers in the U.S.
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There were an estimated 72.3% more condo sellers than buyers (108,945 more) nationwide in August, according to a new report from Redfin, the real estate brokerage powered by Rocket. That marks the fifth straight month in which there have been at least 70% more condo sellers than buyers in the U.S. housing market.
That makes spring and summer 202...
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© BusinessWire
02.10.2025
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Home Sellers Are Cutting Prices at a Record Rate to Lure Skittish Buyers
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One of every six (16.7%) U.S. home sellers dropped their asking price in August, up from 15.9% a year earlier and the highest share for that month in records dating back to 2012. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
August saw the highest share for any time of year except the previous two mon...
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02.10.2025
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Redfin Reports Pending Home Sales Slide, But There Are Bright Spots: Buyers Have Bargaining Power, Starter-Home Sales Improving
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Pending U.S. home sales fell roughly 1% from a year earlier during the four weeks ending September 28, the biggest decline in nearly five months, according to a new report from Redfin, the real estate brokerage powered by Rocket. On a local level, pending sales fell in 30 of the 50 largest U.S. metro areas, led by Houston (-15.4% year over year),...
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© BusinessWire
01.10.2025
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Typical U.S. Luxury Home Price Rises 4% to $1.25M as Sales Fall to Lowest August Level in Over a Decade
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Luxury home sale prices rose 3.9% year over year to a median $1.25 million, a record high for the month of August, but down from the all-time high of $1.35 million in March, a month when prices are typically higher. This is according to a new report from Redfin, the real estate brokerage powered by Rocket.
Luxury home prices grew nearly three ti...
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© PR Newswire
01.10.2025
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Rocket Companies Closes $14.2 Billion Acquisition of Mr. Cooper
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The largest independent mortgage deal in history unites America's leading originator with the nation's top servicer to transform homeownership for America.
DETROIT and DALLAS, Oct. 1, 2025 /PRNewswire/ -- Rocket Companies (NYSE: RKT), the Detroit-based homeownership platform, today announced the c...
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