As of April 20, home-sale prices fell across 11 U.S. metro areas, marking the first time this many markets have seen year-over-year declines since September 2023, data released Thursday by Redfin found.
Source: Inman News
Home-sale prices dipped in 11 metros as buyers show caution
Published in average home sale price, Chen Zhao, concessions, economic uncertainty, florida, fort lauderdale, home sale prices, home sales, home tours, homebuying, homeselling, inman, jacksonville, las vegas, Market Activity, Markets & Economy, miami, mortgage applications, mortgage rates, negotiation, new listings, News Brief, oakland, pending home sale, pending home saless, phoenix, portals, Redfin, san antonio, san diego, Select, showingtime, Tariffs on Goods, Trump tariffs and West Palm Beach
More from average home sale priceMore posts in average home sale price »
More from Chen ZhaoMore posts in Chen Zhao »
- Homeowners are cracking under the pressure of increased costs
- Mortgage rates hit 10-month low, spurring lower monthly payments
- South Florida luxury prices defy gravity while overall market dips
- Record $700B worth of listings on market, but sales are sluggish
- The spring sizzle fizzles: Economic jitters chill buyer demand
More from concessionsMore posts in concessions »
- ‘Not a shift, a transition,’ 2 reports say of homebuying market
- Mortgage rates hit 10-month low, spurring lower monthly payments
- Down payments set shrinking course for 1st time in 2 years
- US inventory exceeds 1M homes for first time in 6 years
- Concessions surge as homesellers offer sweeter deals in sour markets
More from economic uncertaintyMore posts in economic uncertainty »
- How the growing buyer power shift is reshaping the real estate market
- New listings grew 276% last week — but it’s not enough
- How industry infighting makes it harder for clients to achieve the American dream
- High-net-worths find safe harbor in real estate: Sotheby’s Realty
- New residential sales drop nearly 14% in May, their sharpest in 3 years
More from floridaMore posts in florida »
- $1B Florida brokerage and former NFL prospect join Christie’s International Real Estate
- How a government shutdown would affect real estate agents
- Better shares soar on bullish thesis by activist investor Eric Jackson
- How the growing buyer power shift is reshaping the real estate market
- Florida agent and firefighter husband arrested on charges of child porn and bestiality
More from fort lauderdaleMore posts in fort lauderdale »
- A bunch of big real estate teams are making big moves
- Sellers outnumber buyers by 36% — but that figure is starting to shrink
- 24-year-old Twitch streamer Adin Ross buys $26M Florida mansion
- Tinka Ellington Group joins Compass after a decade at Elliman
- Eklund | Gomes Team launches in 30A market with new dev project
More from home sale pricesMore posts in home sale prices »
More from home salesMore posts in home sales »
- August existing-home sales may have been lowest in a decade
- New-home sales spiked in August to highest rate since 2022
- Should they stay or go (down) now? Forecasters are split on where mortgage rates will be in 2026
- ‘Not a shift, a transition,’ 2 reports say of homebuying market
- As homebuyers gain leverage, sellers get cold feet. Is it happening near you?
More from home toursMore posts in home tours »
- How this agent went viral by falling in love with the home in his TikTok video tour
- How 1 newbie real estate agent gets 75% of her clients by insulting people on Instagram
- Zillow unveils interactive ‘drone-like experience’ along with other new features
- Zillow Showcase listings get marketing bump with analytics
- New Alabama law allows buyers to tour homes without contract
More from homebuyingMore posts in homebuying »
More from homesellingMore posts in homeselling »
More from inmanMore posts in inman »
More from jacksonvilleMore posts in jacksonville »
- $1B Florida brokerage and former NFL prospect join Christie’s International Real Estate
- How the growing buyer power shift is reshaping the real estate market
- Buyer’s market now in doubt as new listings tank 7.3%
- Here are the markets where homebuyers have the upper hand
- South Florida luxury prices defy gravity while overall market dips
More from las vegasMore posts in las vegas »
- No filter: Your personal opinions on social media can get you fired
- Robert Reffkin, mortgage moves, Serhant family: Inman’s Top 5
- NAR CEO Nykia Wright: ‘We’re trying to outrun irrelevance’
- Trump tariff policy has soured Canadian interest in US properties
- How safe are real estate agents really? The Download
More from Market ActivityMore posts in Market Activity »
More from Markets & EconomyMore posts in Markets & Economy »
More from miamiMore posts in miami »
- How the growing buyer power shift is reshaping the real estate market
- ‘Not a shift, a transition,’ 2 reports say of homebuying market
- NAR CEO Nykia Wright: ‘We’re trying to outrun irrelevance’
- Buyer’s market now in doubt as new listings tank 7.3%
- Zillow’s images, Compass’ new lawyer, low-cost listings: Top 5
More from mortgage applicationsMore posts in mortgage applications »
- Most Americans think mortgage rates and home prices have peaked
- As homebuyers gain leverage, sellers get cold feet. Is it happening near you?
- Fed governor sues Trump over ‘unprecedented and illegal’ firing
- Homebuyers are out in force and mortgage rates are coming down
- Homebuyers still have jitters about the economy and job market
More from mortgage ratesMore posts in mortgage rates »
- Democrats seek transparency into Fannie, Freddie ‘reprivatization’
- Is fall the new spring? Market winds may be shifting, NAR says
- How a government shutdown would affect real estate agents
- August existing-home sales may have been lowest in a decade
- New-home sales spiked in August to highest rate since 2022
More from negotiationMore posts in negotiation »
- 7 lessons every real estate agent needs to be a lifelong learner
- The 7 C’s of highly successful agents (and how to apply them)
- Forget real estate soap operas. Here’s where you should focus
- Your brunch gets mad Instagram likes, but do you have listings?
- Compete with discount agents (without cutting your commission)
More from new listingsMore posts in new listings »
- As homebuyers gain leverage, sellers get cold feet. Is it happening near you?
- These 6 maps capture a real estate market in turmoil
- Homesellers are delisting their homes instead of dropping prices
- New listings grew 276% last week — but it’s not enough
- Inman Market View: Peer deep inside the inventory realignment
More from News BriefMore posts in News Brief »
More from oaklandMore posts in oakland »
More from phoenixMore posts in phoenix »
- US home prices see modest annual gains, but lag behind inflation
- Homesellers are delisting their homes instead of dropping prices
- A tale of 2 housing markets as price declines spread to the West
- Will home sales rebound? Closely watched forecasts say, ‘Yes’
- Waning buyer activity pushes home price growth to 2-year low
More from portalsMore posts in portals »
More from RedfinMore posts in Redfin »
- Here’s what comes next in the Compass-Anywhere deal
- Compass to acquire Anywhere in $1.6B deal, capping rise to top
- How the growing buyer power shift is reshaping the real estate market
- These are the states where homeowners will benefit most — and least — from new SALT cap
- Compass calling foul on MLS rules is hypocrisy
More from san antonioMore posts in san antonio »
- Nation’s largest MLS platforms experience compromised access
- In a more buyer-friendly market, sellers are emerging too
- ‘It could have been us’: Houston Realtor shares flood survival story
- ‘Small acts of kindness’ abound in Texas Hill Country flood aftermath
- Inventory has doubled in nearly half of the US’s largest markets
More from san diegoMore posts in san diego »
- Does the Compass-Anywhere deal set the stage for a private listings culture clash?
- Why Flyhomes is quitting the real estate brokerage business
- The No. 1 secret to not using ‘salesy’ scripts: Now Streaming
- AI isn’t here to replace agents. It’s here to make you faster, better
- Take the Inman Intel Index survey for September 2025
More from SelectMore posts in Select »
- What real estate agents can learn from TikTok, Tylenol and Disney
- Democrats seek transparency into Fannie, Freddie ‘reprivatization’
- Former agent convicted of swindling woman out of her home
- Is fall the new spring? Market winds may be shifting, NAR says
- I’ve studied real estate marketing for 31 years. Here are 7 essentials for effective marketing campaigns
More from showingtimeMore posts in showingtime »
More from Tariffs on GoodsMore posts in Tariffs on Goods »
More from Trump tariffsMore posts in Trump tariffs »
- Luxury market ‘as strong as ever’ despite broader slowness
- High-net-worths find safe harbor in real estate: Sotheby’s Realty
- How homeowners, not builders, are driving Denver’s inventory boom
- May CPI misses projections even as tariff effects hold off
- Opendoor hit with Nasdaq notice, skids closer to delisting zone
More from West Palm BeachMore posts in West Palm Beach »
- Trump tariff policy has soured Canadian interest in US properties
- Gatekeeping, portal wars, ‘Armageddon’: Inman’s Top 5
- Listing bans, lawsuits, and a ‘big, beautiful bill’: Inman Top 5
- Compass, Zillow, Redfin and the rest: It’s Inman’s Top 5
- Struggling agents, 3 mins with Trump, ChatGPT revolution: Top 5
Be First to Comment