U.S. Home Prices Rose 0.5% in October, Marking a Year of Consistent Growth
Redfin Corporation (RDFN)
Last redfin corporation earnings: 2/12 04:01 pm
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Source: Business Wire
On a year-over-year basis, home prices rose 5.9%, the smallest annual increase since December SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — U.S. home prices grew 0.5% from a month earlier in October on a seasonally adjusted basis, matching September’s increase, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.On a year-over-year basis, home prices rose 5.9%, the lowest annual increase since December. This is according to the Redfin Home Price Index (RHPI), which uses the repeat-sales pricing method to calculate seasonally adjusted changes in prices of single-family homes. The RHPI measures sale prices of homes that sold during a given period, and how those prices have changed since the last time those same homes sold.Home prices maintained steady growth over the past year, with month-over-month gains ranging between 0.2% and 0.7% each month since November 2023—including seven months where growth was between 0.4% and 0.6%. That’s consiste
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News
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- Redfin Co. (NASDAQ: RDFN) had its "neutral" rating re-affirmed by analysts at DA Davidson. They now have a $7.25 price target on the stock.MarketBeat
- Redfin Reports Home Sales Sink Across Florida Amid Hurricane Recovery, Surging HOA and Insurance CostsBusiness Wire
RDFN
Earnings
- 11/7/24 - Miss
RDFN
Sec Filings
- 11/12/24 - Form SC
- 11/7/24 - Form S-3ASR
- 11/7/24 - Form 10-Q
- RDFN's page on the SEC website