Redfin: Home Sale Prices Flatten, Demand Falls
As mortgage rates rise, home sale prices were essentially unchanged YOY for the 1st time since 2015.
As mortgage rates rise, home sale prices were essentially unchanged YOY for the 1st time since 2015.
January marks 12th straight month of declines.
Case-Shiller Index posts smaller gain; First American RHPI still shows affordability decline.
For all of 2022, sales of new homes fell 16.4%.
David Luna looks at the market and tells us if he thinks things are ripe for a turnaround.
Redfin says increases in home searches & tours translate into purchases.
Home prices in the quarter grew at 9.2% YOY, down from 13.1% YOY in the third quarter.