Even as the real estate market is showing signs of cooling and more sellers are dropping asking prices, median home prices increased by double digits from last year.
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Category: Daryl Fairweather
No new median-home price records set in July
For the first time since early March, no new records were set for median-home-sale prices last month, ending the five-month streak of record-breaking home prices.
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Redfin: Housing market could be reaching something of an equilibrium
During the four-week period ended July 11, the average weekly share of homes for sale with a price drop passed 4% for the first time since September 2020.
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70% of homebuyers still facing bidding wars
Market competition has eased up recently, but seven in 10 buyers still face bidding wars, according to a new report from Redfin.
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Half of homes sold above asking price last month, but some wonder if demand has peaked
Housing records continue to be broken, but despite the strong numbers, data could indicate homebuyer demand is reaching a peak.
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April housing market sets records for sales and speed
The housing market hit records last month as home prices reached an all-time high and homes sold faster than ever.
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Redfin chief economist issues post-pandemic predictions
Redfin Chief Economist Daryl Fairweather lays out five key predictions for the housing market in a post-pandemic world.
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