
Zillow Reports 5-Year Inventory High and Record Price Cuts
Zillow reports a five-year high in housing inventory with 1.36 million homes for sale in June, up 17.2% year over year and driving a record 26.6% of listings to cut prices.

Zillow reports a five-year high in housing inventory with 1.36 million homes for sale in June, up 17.2% year over year and driving a record 26.6% of listings to cut prices.

Redfin’s latest housing report shows the median U.S. home-sale price hit a record $396,500 for the four weeks ending June 15, 2025—up 1% year over year. Despite the high, homes are selling for roughly $26,000 below the median asking price of $422,238.

Logan Mohtashami shuts down doomsday prophets on X, using hard data to debunk claims of a DC housing market crash. His latest HousingWire analysis reveals what’s really happening with inventory, listings, and home prices.

According to a new Redfin report, home prices are not falling in any U.S. metro for the first time since July 2022. In related news, the national median monthly mortgage payment climbed 15% year over year, reaching an all-time high.

With rates at 8%, a new Redfin report shows a housing market poised to finish 2023 with about 4.1 million home sales nationwide—the fewest since 2008. Byron Lazine shows how the potential for earning is still high for skilled and motivated real estate agents.

It’s officially summer, which means one thing in the real estate industry—we’ve moved past what is historically the busiest home buying and selling season of the year. But if the spring market is really over, it begs the question: what will the rest of 2023 be like?

A new report from Redfin shows the median home sale price dropping 4.1% ($17,603) year over year in April—the biggest annual drop in dollar terms and the steepest annual decline in percentage terms since January 2012.

A new Redfin report shows that home prices fell 3.3% in March, marking the biggest annual drop in over a decade nationwide. But home prices vary greatly based on the local market.

The National Association of REALTORS® (NAR) announced a third monthly increase in its report on February pending sales, with three U.S. regions reporting increases while the West declined.