Redfin Reports Home Prices Keep Climbing, But at Slowest Pace Since Early 2023
2024年7月23日 - 9:00PM
ビジネスワイヤ(英語)
Falling mortgage rates and relatively low
inventory levels are likely to keep prices ticking up slowly in
coming months
(NASDAQ: RDFN) — U.S. home prices rose 0.2% in June, the
smallest month over month increase since January 2023 on a
seasonally adjusted basis, according to a new report from Redfin
(redfin.com), the technology-powered real estate brokerage. Prices
in June were still up 6.9% from a year earlier, the lowest annual
growth since January.
This is according to the Redfin Home Price Index (RHPI), which
uses the repeat-sales pricing method to calculate seasonally
adjusted changes in prices of single-family homes. The RHPI
measures sale prices of homes that sold during a given period and
how those prices have changed since the last time those same homes
sold. It’s similar to the S&P CoreLogic Case-Shiller Home Price
Indices but publishes more than one month earlier. June data covers
the three months ending June 30, 2024.
Home prices keep setting record highs, even as fewer buyers
compete with one another due to elevated mortgage rates. The rate
of price growth, however, has been slowing each month since
February.
“Even though price growth has been slowing down, falling
mortgage rates and lower-than-usual inventory levels are likely to
keep prices ticking up in the coming months,” said Redfin Senior
Economist Sheharyar Bokhari. “The Redfin Home Price Index has only
fallen twice in its 12 year history—in August and September 2022,
when mortgage rates and inventory spiked significantly. Those
things are unlikely to happen this year.”
Few Metros See Home Price Declines
More than a third (19) of the 50 most populous U.S. metro areas
recorded a seasonally adjusted drop in home prices in June, month
over month. The biggest decline was in Nassau County, NY (-3.1%),
followed by Austin, TX (-1.7%), West Palm Beach, FL (-1.1%) and
Philadelphia (-1.1%).
To view the full report, including charts and additional
metro-level data, please visit:
https://www.redfin.com/news/home-price-index-june-2024
About Redfin
Redfin (www.redfin.com) is a technology-powered real estate
company. We help people find a place to live with brokerage,
rentals, lending, title insurance, and renovations services. We run
the country's #1 real estate brokerage site. Our customers can save
thousands in fees while working with a top agent. Our home-buying
customers see homes first with on-demand tours, and our lending and
title services help them close quickly. Customers selling a home
can have our renovations crew fix it up to sell for top dollar. Our
rentals business empowers millions nationwide to find apartments
and houses for rent. Since launching in 2006, we've saved customers
more than $1.6 billion in commissions. We serve more than 100
markets across the U.S. and Canada and employ over 4,000
people.
Redfin’s subsidiaries and affiliated brands include: Bay Equity
Home Loans®, Rent.™, Apartment Guide®, Title Forward® and
WalkScore®.
For more information or to contact a local Redfin real estate
agent, visit www.redfin.com. To learn about housing market trends
and download data, visit the Redfin Data Center. To be added to
Redfin's press release distribution list, email press@redfin.com.
To view Redfin's press center, click here.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240723334022/en/
Redfin Journalist Services: Ally Braun, 206-588-6863
press@redfin.com
Redfin (NASDAQ:RDFN)
過去 株価チャート
から 6 2024 まで 7 2024
Redfin (NASDAQ:RDFN)
過去 株価チャート
から 7 2023 まで 7 2024