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Redfin Says US Home-Sale Price Rose 5% in Four Weeks Ended April 14
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Redfin Says US Home-Sale Price Rose 5% in Four Weeks Ended April 14
Apr 18, 2024 1:39 PM

04:01 PM EDT, 04/18/2024 (MT Newswires) -- Redfin (RDFN) said Thursday the median US home sale price rose 5% to $380,250 in the four weeks ending April 14 from a year earlier, just $3,095 below the all-time high in June 2022.

The real estate brokerage said rising home prices and high mortgage rates brought homebuyers' median monthly housing payment up 11% to a record $2,775 from a year earlier.

New listings rose 11%, while active listings climbed 9.6%, Redfin said.

The seasonally adjusted Redfin Homebuyer Demand Index, a measure of requests for tours and other buying services, rose 8% from a month earlier and dropped 11% from a year earlier.

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