Redfin Corporation Stock News

SEATTLE--(BUSINESS WIRE)--The median U.S. asking price is $403,000, up just 2.2% year over year, the smallest increase in nearly two years, according to a new report from Redfin, the real estate brokerage powered by Rocket. Asking prices are losing steam because it's a buyer's market and sellers are realizing they must price lower to attract buyers. There were roughly half a million more home s...

SEATTLE--(BUSINESS WIRE)-- #housingmarket--Just over 57,000 home-sale agreements nationwide were canceled in June, equal to 14.9% 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 13.9% a year earlier and is the highest June share in records dating back to 2017. Pending home sales are falling through ...

SEATTLE--(BUSINESS WIRE)--New listings of U.S. homes for sale fell 3.2% in June to the lowest seasonally-adjusted level since October 2023, according to a new report from Redfin, the real estate brokerage powered by Rocket. That's the biggest month-over-month decline since February 2023. New listings fell 3.4% year over year, the first annual decline since October 2023. Active listings—the tota...

SEATTLE--(BUSINESS WIRE)--The median U.S. asking price was $407,000 during the four weeks ending July 13, up 2.9% year over year, the smallest increase in over four months. That's according to a new report from Redfin, the real estate brokerage powered by Rocket. The median asking price is just slightly higher than the median home-sale price of $401,120; the small size of that gap is a sign tha...

SEATTLE--(BUSINESS WIRE)--Pending sales fell 3.5% year over year during the four weeks ending July 6, according to a new report from Redfin, the real estate brokerage powered by Rocket. That was the second biggest decline since early February, trailing only last week's 4.1% fall. There were some encouraging signs for sellers with mortgage purchase applications rising 9% from a week ago as the w...

SEATTLE--(BUSINESS WIRE)--(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 report from Redfin (redfin.com), the technology-powered real estate brokerage. The number of Canadian Redfin.com users ...

SEATTLE--(BUSINESS WIRE)--(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 chart...

Rocket Companies completed its acquisition of Redfin on Tuesday, bringing together the nation's largest mortgage lender with the tech-enabled Seattle real estate brokerage.