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A Record 1 In 4 Single-Family Homes for Sale In the First Quarter Were New Construction

Share this article Share this article SEATTLE, April 30, 2021 /PRNewswire/ (NASDAQ: RDFN) More than a quarter (25.7%) of single-family homes for sale in America during the first quarter were new-construction homes, according to a new www.redfin.com), the technology-powered real estate brokerage. That s up from 20.4% a year earlier and represents the highest share on record. New-construction homes have steadily been taking up a larger piece of the pie over the last decade, but there has been a notable acceleration during the coronavirus pandemic. There are two primary reasons, according to Redfin Lead Economist Taylor Marr: an increase in homebuilding and a decrease in the number of Americans putting their houses up for sale.

United statesEl pasoSalt lake citySan diegoSan franciscoTaylor marrRyan aycockLas vegasMelanie millerRedfin data centerRedfin lead economist taylor marrSalt lake city market managerRedfin houstonHighest shareBaton rougeOklahoma city

Urban Single-Family Homes Are Seeing the Fastest Price Growth as Buyers Return to City But Still Crave Space

/PRNewswire/ (NASDAQ: RDFN) Prices of urban single-family homes are rising nearly 20% year over year faster than any other type of home according to a new.

United statesTaylor marrRedfin data centerஒன்றுபட்டது மாநிலங்களில்டெய்லர் மார்ரெட்ஃபின் தகவல்கள் மையம்

Urban Single-Family Homes Are Seeing the Fastest Price Growth as Buyers Return to City But Still Crave Space

Urban Single-Family Homes Are Seeing the Fastest Price Growth as Buyers Return to City But Still Crave Space
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

United statesTaylor marrRedfin data centerஒன்றுபட்டது மாநிலங்களில்டெய்லர் மார்ரெட்ஃபின் தகவல்கள் மையம்

Housing Market Outlook: Red-Hot Rally Giving Way to Sustainable Growth

REUTERS/Larry Downing March saw home sales accelerate further and price growth hit its fastest rate since the mid-2000s. The rally isn t sustainable, but a rebound in building will allow for months of healthy growth, Redfin said. Millennial homeownership is on the rise and should spur the construction of millions of homes per year. The US housing boom wasn t built to last. What began as a hefty uptick in home purchases evolved into an all-out buying spree in a matter of months. Americans taking advantage of low borrowing costs and looking to flee cities for suburbs snapped up homes at a rate not seen since the mid-2000s housing bubble.

United statesFreddie macBen johnstonTaylor marrSam khaterCensus bureauNational association of home buildersFederal reserveWells fargoNational associationHome buildersWall streetReal estateHousing startsAffordability crisisEn winck

Redfin Reports Home Prices Surge 17% Amid Historic Housing Shortage

Redfin Reports Home Prices Surge 17% Amid Historic Housing Shortage
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

United statesTaylor marrRedfin data centerRedfin lead economist taylorஒன்றுபட்டது மாநிலங்களில்டெய்லர் மார்ரெட்ஃபின் தகவல்கள் மையம்ரெட்ஃபின் வழி நடத்து பொருளாதார நிபுணர் டெய்லர்