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SEATTLE--(BUSINESS WIRE)--Pending home sales fell 1% year over year, the biggest decline in a month, according to a new report from Redfin, the real estate brokerage powered by Rocket. On the selling side, new listings inched up 0.3% year over year. House hunters are wary partly because of rising mortgage rates and economic uncertainty. The weekly average mortgage rate has hit a three-month high of 6.22% as the Iran war and jitters about inflation rattle markets. The daily average mortgage rate.

SEATTLE--(BUSINESS WIRE)--More than 42,000 U.S. home-sale agreements fell through in February, equal to 13.7% of homes that went under contract that month. That's up from 12.8% a year earlier, and the highest February share in records dating back to 2017, according to a new report from Redfin, the real estate brokerage powered by Rocket. This is based on a Redfin analysis of MLS pending-sales data. The data is seasonal, which is why this February is compared to past Februarys. Nearly one in eve.

The 30-year fixed mortgage rate climbed to 6.22% as of March 19, 2026, a three-month high last seen in December of 2025, as the 10-year Treasury yield rose to 4.3% amid broader market unease.

SEATTLE--(BUSINESS WIRE)--There were an estimated 46.3% more home sellers than buyers in the U.S. housing market in February (or 629,808 more, in numerical terms), according to a new report from Redfin, the real estate brokerage powered by Rocket. That's the largest gap in records dating back to 2013 and is up from 29.8% (or 449,409) a year earlier. Redfin defines a market with over 10% more sellers than buyers as a buyer's market. By this definition, it has been a buyer's market since May 2024.

SEATTLE--(BUSINESS WIRE)-- #housingmarket--Roughly three in five (59%) U.S. residents believe advances in artificial intelligence will eliminate jobs and make it harder for people to afford homes, according to a new survey fielded by Ipsos and commissioned by Redfin, the real estate brokerage powered by Rocket. Half as many people (30%) believe the opposite, that advances in AI will help boost the U.S. economy and help more people afford homes. AI has dominated headlines as rapid advances stoke fears that it co.

SEATTLE--(BUSINESS WIRE)--Mortgage rates are bouncing back up and home-sale prices are rising, according to a new report from Redfin, the real estate brokerage powered by Rocket. The weekly average mortgage rate rose to 6.11% last week, the highest level since the start of 2026, as inflation jitters and the Iran war rattled markets. The daily average mortgage rate jumped higher, to a six-month peak of 6.41%, on Friday, and has since dropped slightly to 6.31%. The median U.S. home-sale price was.

SEATTLE--(BUSINESS WIRE)-- #housingmarket--The oldest Americans held 26% of America's $48 trillion in real estate wealth as of the third quarter of 2025, the most recent period for which data is available, according to a new report from Redfin. That's just shy of the prior quarter's 26.1%—the highest level for 70+ year olds on record—and compares with 21.6% a decade earlier and 16.6% two decades earlier. The share of real estate wealth held by 70+ year olds surpassed that of 40-54 year olds for the first time o.