Existing Home Sales Rise to Highest Level in Over a Year and a Half
Redfin Corporation (RDFN)
Last redfin corporation earnings: 2/12 04:01 pm
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Source: Business Wire
Redfin reports homebuying activity picked up in November as election uncertainty dissipated and buyers grew more accustomed to elevated mortgage rates SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Existing home sales rose 0.7% month over month in November to a seasonally adjusted annual rate of 4,269,85—the highest level since March 2023. They jumped 4.5% year over year—the largest annual increase since July 2021, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.A seasonally adjusted annual rate is not a measurement of actual total sales for the year, but rather, the pace of sales at a given time. A seasonally adjusted annual rate of 4,269,851 in November means that existing home sales would end the year at that level if homes were sold at the November pace for each month of 2024. Redfin’s measure of existing home sales has them coming in at around 4.1 million for the full year of 2024.“Homebuying activity picked up steam in recent month
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News
- Homebuyers With Kids Are Twice as Likely to Get Family Help for Down Payments Than Those Without KidsBusiness Wire
- Redfin Reports More Sellers Are Listing Their Homes, Hoping to Cash in on High Prices and Demand From BuyersBusiness Wire
- Redfin Reports Older Americans Are More Likely to Buy Disaster-Prone Homes Than Younger AmericansBusiness Wire
- Redfin Reports Asking Rents for Newly Built Apartments Rise 1.5%, the Biggest Spike in 18 MonthsBusiness Wire
- Redfin Corporation's (RDFN) Best Days Are Behind It [Yahoo! Finance]Yahoo! Finance
RDFN
Earnings
- 11/7/24 - Miss
RDFN
Sec Filings
- 11/26/24 - Form 4
- 11/25/24 - Form 144
- 11/22/24 - Form 4
- RDFN's page on the SEC website