Redfin Reports Homebuying Demand Holds Up Even As Election Uncertainty, Stronger-Than-Expected Economy Push Up Rates
Redfin Corporation (RDFN)
Last redfin corporation earnings: 2/12 04:01 pm
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Source: Business Wire
Pending sales and home tours remain fairly strong as mortgage rates rise to their highest levels since mid-summer and uncertainty around the election picks up SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Pending U.S. home sales rose 3.5% year over year during the four weeks ending October 20, the biggest increase in three years (with the exception of the prior 4-week period, when they rose 3.7%). That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. On a local level, pending sales are up in 35 of the 50 most populous U.S. metros, the most in three years.Demand is also holding up at earlier stages of the homebuying process. Redfin’s Homebuyer Demand Index–a measure of tours and other buying services from Redfin agents–hit its highest level since May and is up 3% year over year.Redfin economists say pending sales and home tours are performing surprisingly well in the face of high housing costs and uncertainty surrounding the upcoming e
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News
- Redfin Reports The Number of Renter Households Is Growing Three Times Faster Than Homeowner HouseholdsBusiness Wire
- Redfin Survey: 38% of People Who Already Voted Say Housing Affordability Impacted Their Presidential PickBusiness Wire
- Redfin Reports 28% of Houses For Sale Are Newly Built, the Lowest Share in 3 YearsBusiness Wire
- Real Estate Agent Commissions Hold Steady Since New Industry Rules Were Implemented, Redfin ReportsBusiness Wire
- Redfin Reports Housing Market Stays Surprisingly Active As Election Looms and Mortgage Rates Hit 7%Business Wire
RDFN
Earnings
- 8/6/24 - Beat
RDFN
Sec Filings
- 8/28/24 - Form 4
- 8/27/24 - Form 4
- 8/23/24 - Form 144
- RDFN's page on the SEC website