REDFIN CORP. overview

(NASDAQ: RDFN) — Fewer Canadians are searching for homes in the United States than they were at the start of 2025, before the U.S. instituted steep tariffs on Canada and relations between the two countries started suffering. This is according to a new r e po r t from Redfin ( redfin.com ), the technology-powered real estate brokerage. The number of Canadian Redfin.com users searching for homes in the U.S. on Redfin.com dropped 26.4% year over year in May. For comparison, the total number of...

(NASDAQ: RDFN) — The median U.S. home-sale price hit a record high during the four weeks ending June 29, but buyers are getting a bit of cost relief as mortgage rates decline. That’s according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage. Redfin is taking a break from full analysis this week, but please see the tables and charts below for this week’s housing-market data. For Redfin economists’ takes on the housing market, please visit...

(NASDAQ: RDFN) — The median U.S. condo sale price fell 2.2% year over year to $354,100 in May—the second largest drop in records dating back to 2012. That’s according to a new r epo r t from Redfin ( redfin.com ), the technology-powered real estate brokerage. The only time condo prices posted a larger year-over-year decline was in April 2023 (-2.9%), and that was largely because roughly one year prior, prices peaked (this was true across all property types). Today, condo prices are falling...

(NASDAQ: RDFN) — New listings of U.S. homes for sale are up 2.5% from a year ago, the smallest increase in five months, according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage. On a local level, new listings are falling in 20 of the 50 most populous U.S. metro areas, with the biggest declines in Tampa, FL (-15.2%), San Antonio (-14.4%), and Orlando, FL (-11.1%). There are still hundreds of thousands more home sellers than buyers nationwide. But some...

(NASDAQ: RDFN) —A Bel Air estate was the most expensive home sale of May, fetching $110 million, according to a new r epo r t from Redfin ( redfin.com ), the technology-powered real estate brokerage. Another Los Angeles home, a Spanish villa in neighboring Holmby Hills, came in second, with a sale price of $57.3 million. All in all, four of last month’s most expensive home sales were in Southern California, four were in coastal Florida, and two were in Manhattan. Four of the homes sold for...

(NASDAQ: RDFN) — U.S. home prices edged down 0.1% in May on a seasonally adjusted basis, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Home prices have only posted a month-over-month decline three other times in records dating back to 2012: April 2025, and August-September 2022—when mortgage rates were peaking. Home prices rose 3.6% on a year-over-year basis in May, down from 4.1% growth in April. It was the first time annual price growth...

(NASDAQ: RDFN) — Nearly 6% of today’s U.S. home sellers are at risk of selling for less than their purchase price—up from 4.4% a year ago, but still well below pre-pandemic levels—according to a new report from Redfin ( www.redfin.com ), the technology-powered real estate brokerage. The story is different in different parts of the country. Virtually zero sellers in Providence, RI, for instance, are at risk of selling their home at a loss. But in San Francisco, nearly 20% of sellers are...

(NASDAQ: RDFN) —The median U.S. home-sale price rose 0.7% year over year in May—the slowest growth since June 2023. That’s according to a new r epo r t from Redfin ( redfin.com ), the technology-powered real estate brokerage. Still, last month's median sale price of $440,997 was the highest of any May in records dating back to 2012. Redfin recently predicted that home prices will start falling on a year-over-year basis by the end of 2025. That has already happened in 11 of the 50 most...