Redfin Reports U.S. Home Prices Rose 0.2% in September
U.S. home prices rose 0.2% from a month earlier in September on a seasonally adjusted basis, according to a new report from Redfin, the real estate brokerage powered by Rocket. Matching August’s 0.2% gain, it was the second consecutive month of positive monthly growth after prices were flat in July.
INVESTIGATION NOTICE: Girard Sharp Law Firm Encourages Former Mr. Cooper Group Inc. (NASDAQ: COOP) Investors Who Received Rocket Companies, Inc. (NYSE: RKT) Shares in Connection with Rocket’s Acquisition of Mr. Cooper in October 2025 to Contact the FirmSAN FRANCISCO, Oct. 21, 2025 (GLOBE NEWSWIRE) -- Girard Sharp LLP, a national investment, securities, and consumer class action firm, is investigating potential securities claims on behalf of former investors of Mr. Cooper Group Inc. (“Mr. Cooper”) who received shares of Rocket Companies, Inc. (“Rocket” or the “Company”) in connection with Rocket’s acquisition of Mr. Cooper on October 1, 2025 (“Merger”).
Redfin Reports Homebuyers Are Scoring the Biggest Autumn Discounts Since 2019
Just 25.3% of U.S. homes that sold in September went for more than their final list price, down from 28.5% a year earlier and the lowest September level in six years. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
29% of U.S. Home Purchases Are Made in Cash, Essentially Flat From a Year Ago
Just under three in 10 (28.8%) U.S. homebuyers paid in all cash in August, down just incrementally from 29% a year earlier, according to a new report from Redfin, the real estate brokerage powered by Rocket.
September’s Most Expensive Home Sales Include Ellen DeGeneres’ Former Montecito Mansion
The Green Gables estate in the Bay Area, which consists of seven houses on 74 acres, was the most expensive home sale of September, bringing in $85 million. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
New Listings Creep Up As Would-Be Homebuyers Back Off, Haunted By High Prices and Economic Unease
New listings of U.S. homes for sale rose 4.1% year over year during the four weeks ending October 12, the biggest increase in over four months, according to a new report from Redfin, the real estate brokerage powered by Rocket.
Redfin Reports More Home Sellers Test the Market, but Buyers Aren’t Budging
New listings of U.S. homes for sale rose 2.3% year over year during the four weeks ending October 5, the biggest increase in over three months, according to a new report from Redfin, the real estate brokerage powered by Rocket. Some sellers listed their homes in September as the weekly average mortgage rate dipped to 6.26%, a 10-month low, in hopes that lower rates would lure buyers.
17% of Americans Are Delaying a Major Purchase Like a Home or Car Due to Government Shutdown, While 65% Are Undeterred
Roughly one in six (17%) Americans are delaying a major purchase like a home or car because of the federal government shutdown. That’s according to a new survey commissioned by Redfin, the real estate brokerage powered by Rocket. Another 7% are canceling plans for a major purchase altogether.
Redfin Reports Nearly 60,000 Home Purchases Were Called Off in August
Roughly 56,000 U.S. home-purchase agreements were canceled in August, equal to 15.1% of homes that went under contract that month, according to a new report from Redfin, the real estate brokerage powered by Rocket. That’s up from 14.3% a year earlier and marks the highest August rate in records dating back to 2017.
Redfin Reports There Are 72% More Condo Sellers Than Buyers in the U.S.
There were an estimated 72.3% more condo sellers than buyers (108,945 more) nationwide in August, according to a new report from Redfin, the real estate brokerage powered by Rocket. That marks the fifth straight month in which there have been at least 70% more condo sellers than buyers in the U.S. housing market.
Redfin Reports Pending Home Sales Slide, But There Are Bright Spots: Buyers Have Bargaining Power, Starter-Home Sales Improving
Pending U.S. home sales fell roughly 1% from a year earlier during the four weeks ending September 28, the biggest decline in nearly five months, according to a new report from Redfin, the real estate brokerage powered by Rocket. On a local level, pending sales fell in 30 of the 50 largest U.S. metro areas, led by Houston (-15.4% year over year), Denver (-12.3%) and Las Vegas (-11.2%).
Home Sellers Are Cutting Prices at a Record Rate to Lure Skittish Buyers
One of every six (16.7%) U.S. home sellers dropped their asking price in August, up from 15.9% a year earlier and the highest share for that month in records dating back to 2012. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
Typical U.S. Luxury Home Price Rises 4% to $1.25M as Sales Fall to Lowest August Level in Over a Decade
Luxury home sale prices rose 3.9% year over year to a median $1.25 million, a record high for the month of August, but down from the all-time high of $1.35 million in March, a month when prices are typically higher. This is according to a new report from Redfin, the real estate brokerage powered by Rocket.
Starter-Home Sales Up 4% as Demand for Higher-Priced Options Stumbles
The typical U.S. starter home sold for a record $260,508 in August, rising 2.2% from a year earlier as sales continued to outpace those of higher-priced tiers. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket. Mid- and high-price home prices grew 1.4% and 2.7% year over year, respectively, to near-record highs of $370,000 and $575,000.
Share of Mortgages With Rates Above 6% Climbs to 10-Year High as Americans Adapt to New Normal
The share of mortgaged U.S. homeowners with a rate of at least 6% rose to 19.7% in the second quarter, the highest level since 2015, according to a new report from Redfin, the real estate brokerage powered by Rocket. And with the weekly average mortgage rate fluctuating above 6% since September 2022, that share is growing steadily—rising between 0.8ppts and 1.4ppts each quarter for the past two years.
Redfin Reports Pending Home Sales Post First Decline in 3 Months, Even As Mortgage Rates Drop
Pending U.S. home sales dipped roughly 1% from a year earlier during the four weeks ending September 21, the first decline in nearly three months, according to a new report from Redfin, the real estate brokerage powered by Rocket.
Rick Caruso’s Former Estate Sells for $48 Million, the Most Expensive Home Sale in August
A Beverly Hills estate previously owned by billionaire real estate magnate and 2022 Los Angeles mayoral candidate Rick Caruso was the most expensive home sale of August, fetching $48 million. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket. It’s followed by a new-construction mansion in Greenwich, CT, which fetched $44 million.
Redfin Reports U.S. Home Prices Ticked Up 0.2% in August
U.S. home prices rose 0.2% from a month earlier in August on a seasonally adjusted basis, up slightly from the 0.0% monthly growth rate posted in July. August marks the first time since January that the rate of home-price growth increased compared to the prior month, according to a new report from Redfin, the real estate brokerage powered by Rocket.
Redfin Reports Summer 2025 Was the Strongest Buyer’s Market in Records Dating Back Over a Decade
There were an estimated 35.2% more home sellers than buyers in the U.S. housing market in August (or 505,915 more, in numerical terms). This is according to a new report from Redfin, the real estate brokerage powered by Rocket. June 2025 is the only month in records dating back 2013 when sellers outnumbered buyers by a greater percentage—36.3%. In other words, this summer was the strongest buyer’s market on record.
Housing Supply Drops Most in 2 Years as Sluggish Demand Spooks Sellers
Active listings of homes for sale fell 1.4% month over month in August—the largest seasonally-adjusted decline since June 2023, according to a new report from Redfin, the real estate brokerage powered by Rocket. They rose 9.7% from a year earlier—the smallest year-over-year increase since March 2024.
Homeowners in New York, California and Other Coastal States Could Shave Thousands Off Their Annual Tax Bill with SALT Cap Increase
The typical New York homeowner impacted by the raised state and local tax (SALT) deduction cap could save more than $7,000 a year—the highest of any state. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
With Mortgage Rates Declining, Homebuyers Must Decide: Buy Now With Little Competition, Or Bet on Rates Falling More?
The median U.S. home-sale price rose 2.2% year over year during the four weeks ending September 14, the biggest increase in five months. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
Redfin Reports New Apartments Are Increasingly Likely to Get Snapped Up Quickly as Construction Slows
Roughly half (48%) of newly built apartments completed in the first quarter of 2025 were rented within three months, according to a new report from Redfin, the real estate brokerage powered by Rocket. That is up from 47% in the fourth quarter of 2024 and 46% the quarter before that.
The Most Expensive College Towns in the Nation Have One Thing in Common: They’re on the Beach
Santa Barbara, CA, is the most expensive college town in the U.S., according to a new report from Redfin, the real estate brokerage powered by Rocket. Santa Barbara’s median home-sale price is nearly $2 million, more than double the next-most expensive college town.
Redfin Reports The Number of Canadians Searching For U.S. Homes Is Down 20% From Last Year
The number of Canadian Redfin.com users searching for homes to buy or rent in the U.S. dropped 19.5% year over year in August, according to a new report from Redfin, the real estate brokerage powered by Rocket. For comparison, the total number of prospective buyers and renters searching on Redfin.com declined, too, but by a fraction of the amount.
