Average Home Prices Down 2 Percent Since June
The $8,800 per listing decline is the largest drop since 2009
The $8,800 per listing decline is the largest drop since 2009
The U.S. Census Bureau reports August sales hit 685,000 units
Nationwide, just 44.6 percent of home offers written by Redfin agents faced competition in August
The Central Coast posted some of the largest month-over-month gains including a 21.4 percent gain in Santa Cruz
The cancellation rate is up slightly from the top of the year
Home sales totaled 313,540 last month, up 6.1 percent from July 2022
The market outlook is good for drivers, but tough on homebuyers…
The company is the latest to begin downsizing amid the market turn, though it hasn’t commented on numbers
Half of the top 20 metro areas tracked are estimated to hit five-year peaks in apartment deliveries this year
The latest version features a new construction listing from Dennis Chernov on the cover
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