Starter-Home Sales Climb 5%, But Prices Are Staying in Check as Inventory Hits 9-Year High
Rocket Companies, Inc. Class A (RKT)
Company Research
Source: Business Wire
Redfin reports active listings of starter homes rose 13% year over year, pushing inventory to its highest October level since 2016 SEATTLE--(BUSINESS WIRE)--Starter-home sales jumped 4.9% year over year in October as buyers benefited from more choices and modest price growth. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket. Mid-priced (+0.7%) and high-priced (+0.8%) home sales also rose from a year earlier, a notable change after a long stretch of year-over-year declines.Housing Data By Home Price Tier (October 2025)Redfin Home TiersHome Price PercentileMedian Sale PriceMedian Sale Price YoYHomes Sold YoYPending Sales YoYActive Listings YoYStarter5%-35%$260,0002.0%4.9%5.5%13.0%Mid35%-65%$373,2491.8%0.7%1.4%
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News
- Redfin Reports Inventory Growth Loses Steam As Would-Be Sellers React to Lackluster Homebuying DemandBusiness Wire
- Rocket Companies, Inc. (RKT) Presents at UBS Global Technology and AI Conference 2025 Transcript [Seeking Alpha]Seeking Alpha
- Redfin Reports 15% of Home Purchases Fell Through in October, Up Slightly From a Year EarlierBusiness Wire
- Redfin’s 2026 Predictions: Welcome to The Great Housing ResetBusiness Wire
- Rocket Companies (RKT): Taking Stock of Valuation Following Impressive Recent Gains [Yahoo! Finance]Yahoo! Finance
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