14 Best Housing Stocks To Buy According to Hedge Funds [Yahoo! Finance]
Redfin Corporation (RDFN)
Last redfin corporation earnings: 2/12 04:01 pm
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US:NASDAQ Investor Relations:
investors.redfin.com/investor-relations
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Source: Yahoo! Finance
For the first time since July 2022, the median home prices in all the US states have either risen or stayed the same in the four weeks ending April 28, as reported by Redfin Corporation (NASDAQ: RDFN ) on May 2. Home prices are rising despite mortgage rates going above 7% as people locked in at lower mortgage rates are reluctant to sell their homes, creating supply shortages. Moreover, on April 19, Redfin Corporation (NASDAQ:RDFN) reported that luxury homes have reached record prices with a median price of $1.225 million. In Q1, luxury home sales increased by 2% despite the prices rising 9% and total supply increasing by 13% year-over-year. Compared to that, the prices of nonluxury homes increased by 4.6% year-over-year and its sales were down 4%. Luxury Home Builder Expanding Further Toll Brothers, Inc. (NYSE: TOL ) is one of the largest builders of luxury homes in the United States. On April 25, the company announced its new project, Griffith Lakes – Waterstone Collection in Ch
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RDFN
News
- Redfin Reports the Median U.S. Home Price Hit an All-Time High of $434,000 in AprilBusiness Wire
- Redfin Expands Redfin Next Agent Pay Plan to 25 Additional MarketsBusiness Wire
- Redfin Report: The Sun Belt Is Seeing Some of the Biggest Rent Declines in AmericaBusiness Wire
- Redfin Co. (NASDAQ: RDFN) had its "hold" rating re-affirmed by analysts at Needham & Company LLC.MarketBeat
- Redfin Reports Mortgage Rates Dip Below 7% For First Time in 5 Weeks, Giving Buyers Some Much-Needed ReliefBusiness Wire
RDFN
Earnings
- 5/7/24 - Beat
RDFN
Sec Filings
- 5/16/24 - Form 4
- 5/7/24 - Form 10-Q
- 5/7/24 - Form 8-K
- RDFN's page on the SEC website