Housing Supply and Demand Both Hit Levels Not Seen Since 2020
The typical home that sold in January sat for 56 days—the longest of any January since 2020—as mortgage rates hit an 8-month high.| Redfin Real Estate News
The typical home that sold in January sat for 56 days—the longest of any January since 2020—as mortgage rates hit an 8-month high.| Redfin Real Estate News
At no other point on record have sellers outnumbered buyers this much. Home prices will likely fall as a result.| Redfin Real Estate News
The jump in housing supply put downward pressure on prices, which grew at the slowest pace in nearly two years last month.| Redfin Real Estate News
