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U.S. home prices are down 2.7%, the smallest decline in over a month, and prices are dropping in fewer metros ... | May 18, 2023
RDFN earnings call for the period ending March 31, 2023.
Last month, home prices in the U.S. experienced their largest annual drop since 2012 as pending home sales reached a post-pandemic low. A report from real estate brokerage Redfin showed that [...]
Home prices have registered their biggest annual decline in over 10 years, according to real estate brokerage Redfin, with price drops led by “pandemic boomtowns and pricey Bay Area markets.”
House prices suffered their biggest annual decline since 2012 as rising mortgage rates deterred would-be buyers from moving.