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0 0.00434117647058836 0.00294117647058828 0.00294117647058828 0.00235294117647054 0.00015294117647065 -0.00588235294117635 9.41176470588132E-05
Stock impact report

Redfin Reports Home Sales Surge by Double Digits in Pricey West Coast Markets

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 sales are up 28% year over year in Portland, OR—the biggest gain of any major U.S. metro. Next come San Jose, Seattle and San Francisco, which also saw double-digit increases. SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — In Portland, OR, home sales jumped 27.6% year over year in November—the biggest increase among the 50 most populous U.S. metropolitan areas, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. It was followed by five other pricey West Coast metros: San Jose, CA (26.2%), Seattle (19.5%), San Francisco (17.7%), Sacramento, CA (17.6%) and San Diego (15.2%). By comparison, nationwide home sales rose just 4.8%.All the aforementioned markets have median sale prices above the national median of $430,107.Early-stage homebuying activity has been picking up across the country since the election. But some West Coast markets may be gaining steam especially quickly in part because a shortage of homes for sale is keeping competiti Show less Read more
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