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0.00317965023847384 0.00317965023847384 0.0190779014308426 0.027027027027027 0.0206677265500795 0.0445151033386328 0.0262321144674086 0.0262321144674086
Stock impact report

Redfin Reports Supply Climbs 5%, Biggest Increase in Nearly a Year

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: Business Wire
The supply of homes for sale is picking up in time for spring homebuying season, and improving inventory is attracting some buyers SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) —The total number of U.S. homes for sale climbed 5% during the four weeks ending March 17, the biggest year-over-year uptick since May 2023, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. New listings rose 15%, the biggest increase since June 2021.The surge in listings is bringing some buyers back to the market. Mortgage-purchase applications and Redfin’s Homebuyer Demand Index—a measure of requests for tours and other buying services from Redfin agents—are each up roughly 9% month over month.Increasing inventory has yet to dampen price growth. The median U.S. home-sale price is up 5.3% year over year, the second-biggest increase since October 2022, and the median monthly mortgage payment is just $31 shy of its all-time high due to elevated mortgage rates and pri Show less Read more
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