Redfin Report: Luxury Home-Price Growth Slows to 5 Percent in the Second Quarter
Redfin Corporation (RDFN)
Last redfin corporation earnings: 2/12 04:01 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investors.redfin.com/investor-relations
Company Research
Source: PR Newswire
SEATTLE, Aug. 13, 2018 /PRNewswire/ -- (NASDAQ: RDFN) -- Luxury home prices rose 5.2 percent year over year to an average of $1.9 million in the second quarter of 2018, according to Redfin (www.redfin.com), the next-generation real estate brokerage. This is lower growth than in the first quarter, when prices were up 7.3 percent. The Redfin analysis tracks home sales in more than 1,000 cities across the country and defines a home as luxury if it is among the top 5 percent most expensive homes sold in the city in each quarter. Luxury homes went under contract after an average of 65 days on market, six fewer days than the second quarter of last year, and the fastest pace on record since Redfin began tracking this metric in the first quarter of 2009. The market sped up even more for non-luxury homes, which spent an average of 51 days on market, 10 fewer days than last year. "Demand for luxury homes in the U.S. has strengthened this year because stock-market gains a
Show less
Read more
Impact Snapshot
Event Time:
RDFN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RDFN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RDFN alerts
High impacting Redfin Corporation news events
Weekly update
A roundup of the hottest topics
RDFN
News
- Redfin Reports Home Prices Stagnate in Florida and Texas as Supply SoarsBusiness Wire
- Redfin Reports Buying a Home Costs More Than Ever, With Prices Hitting All-Time High and Mortgage Rates RisingBusiness Wire
- Redfin to Announce First-Quarter 2024 Results on May 7, 2024Business Wire
- Nearly 40% of Homeowners Couldn’t Afford Their Home If They Were to Buy It TodayBusiness Wire
- Redfin Home Price Index: Price Growth Stabilizes in March, With Prices Up 0.6% From a Month EarlierBusiness Wire
RDFN
Earnings
- 2/27/24 - Beat
RDFN
Sec Filings
- 4/25/24 - Form ARS
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form DEF
- RDFN's page on the SEC website