By the Numbers

Redfin economists offer up 12 predictions for the year ahead and foresee a challenging real estate market for agents and brokers.

Redfin reports that 2% of U.S. homes were delisted each week during the past three months. In recent years the peak was around 1.6%.

The mortgage rate averaged 6.49% this week, according to Freddie Mac. That’s down from over 7% just a few weeks ago.

A new ATTOM report looked at affordability, foreclosures and other factors to determine the most and least vulnerable housing markets among nearly 600 counties.

Offers to buy homes dropped again in October, and were off 37% year-over-year, as higher interest rates and inflation slowed down real estate activity.

Knock’s Buyer-Seller Market Index finds that more metros are becoming buyers markets, and the trend is expected to continue.

Realtor.com economists predict an unusual year ahead, with higher interest rates and more inventory, but not the drop in prices that would typically follow.

Buyers in the 100 largest cities have lost up to 1,140 square feet of living space due to higher prices and interest rates.

Economic data from the Federal Housing Finance Agency and the Case-Shiller housing index show a continued slowdown in home value increases.

The number of home loan applications rose for two straight weeks this month, coinciding with falling interest rates.

While inventory is trending down ahead of the holidays, the pace is slower compared to recent years.

It's too soon to call it a trend, but the slight downtick in mortgage rates may give hope to potential buyers.

A study released by ATTOM found differences in values and appreciation based on a home's proximity to specialty grocery stores.

With rising interest rates cutting into the amount of square footage buyers can afford, new home sizes have been trending down.

After remaining relatively stable in the first half of 2022, multifamily builder confidence dropped significantly in Q3.

Existing home sales were down more than 28% year-over-year, according to the National Association of Realtors, with the sharpest decline in the West.

The average 30-year fixed-rate mortgage rate was 6.61% on Nov. 17, down nearly half a point from last week, suggesting that inflation may have peaked.

After skyrocketing during the pandemic, rents are now growing at a modest pace — but for many renters, buying a home remains out of reach.

In the face of high interest rates and high home prices, the number of residential mortgages issued has dropped nearly 47% over the past year.

The latest housing market indicators continue to trend slightly against sellers, but buyers are even more hesitant to enter the market.