Redfin Reports Hispanic Home Values Top $2 Trillion, But Growth Lags Behind Other Groups as Sun Belt Housing Markets Soften
Redfin Corporation (RDFN)
Last redfin corporation earnings: 2/12 04:01 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investors.redfin.com/investor-relations
Company Research
Source: Business Wire
Home values are growing slower in Hispanic neighborhoods because many are located in the Sun Belt, where prices have stalled due to an increase in supply SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) —The total value of homes in majority-Hispanic neighborhoods rose 4.2% year over year to $2 trillion in 2024, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Neighborhoods in which a majority of homeowners are Black, Asian or white—or where there is no racial majority—all saw total home values grow faster.The total value of homes in majority-white neighborhoods grew fastest in 2024, rising 5.4% to $40.4 trillion. The growth rate was essentially the same in majority-Black and majority-Asian neighborhoods: They experienced a 5.3% increase to $1.5 trillion, and 5.2% increase to $1.4 trillion, respectively. The total value of homes in mixed neighborhoods grew 4.7% to $2.4 trillion.Home values are growing slower in Hispanic neighborhoods because
Show less
Read more
Impact Snapshot
Event Time:
RDFN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RDFN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RDFN alerts
High impacting Redfin Corporation news events
Weekly update
A roundup of the hottest topics