{"id":914105,"date":"2025-11-26T12:29:10","date_gmt":"2025-11-26T17:29:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/redfin-reports-rising-home-prices-economic-volatility-curb-would-be-buyers-appetites-in-leadup-to-thanksgiving\/"},"modified":"2025-11-26T12:29:10","modified_gmt":"2025-11-26T17:29:10","slug":"redfin-reports-rising-home-prices-economic-volatility-curb-would-be-buyers-appetites-in-leadup-to-thanksgiving","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/redfin-reports-rising-home-prices-economic-volatility-curb-would-be-buyers-appetites-in-leadup-to-thanksgiving\/","title":{"rendered":"Redfin Reports Rising Home Prices, Economic Volatility Curb Would-Be Buyers\u2019 Appetites in Leadup to Thanksgiving"},"content":{"rendered":"

<\/p>\n

Redfin Reports Rising Home Prices, Economic Volatility Curb Would-Be Buyers\u2019 Appetites in Leadup to Thanksgiving<\/b><\/p>\n

U.S. home prices are increasing and mortgage rates ticked up last week after dipping to their lowest level in a year. Rising costs and widespread financial uncertainty are causing house hunters to retreat.<\/i><\/p>\n

SEATTLE–(BUSINESS WIRE<\/a>)–
\nU.S. pending home sales declined 2.1% year over year during the four weeks ending November 23, the biggest decline in eight months, according to the latest data<\/a> from Redfin<\/a>, the real estate brokerage powered by Rocket. Redfin\u2019s analysis is condensed this week due to the Thanksgiving holiday.\n<\/p>\n

Leading indicators<\/b><\/p>\n\n\n\n\n\n\n\n\n\n
\n

Indicators of homebuying demand and activity<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

Value (if applicable)<\/b><\/p>\n<\/td>\n

\n

Recent change<\/b><\/p>\n<\/td>\n

\n

Year-over-year change<\/b><\/p>\n<\/td>\n

\n

Source<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

Daily average 30-year fixed mortgage rate<\/b><\/p>\n<\/td>\n

\n

\n6.2% (Nov. 25)\n<\/p>\n<\/td>\n

\n

\nUp slightly from 6.13% two weeks earlier\n<\/p>\n<\/td>\n

\n

\nDown from 7.02%\n<\/p>\n<\/td>\n

\n

\nMortgage News Daily\n<\/p>\n<\/td>\n<\/tr>\n

\n

Weekly average 30-year fixed mortgage rate<\/b><\/p>\n<\/td>\n

\n

\n6.23% (week ending Nov. 26)\n<\/p>\n<\/td>\n

\n

\nNear lowest level in a year\n<\/p>\n<\/td>\n

\n

\nDown from 6.84%\n<\/p>\n<\/td>\n

\n

\nFreddie Mac\n<\/p>\n<\/td>\n<\/tr>\n

\n

Mortgage-purchase applications (seasonally adjusted)<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\nUp 8% from a week earlier (as of week ending Nov. 21)\n<\/p>\n<\/td>\n

\n

\nUp 20%\n<\/p>\n<\/td>\n

\n

\nMortgage Bankers Association\n<\/p>\n<\/td>\n<\/tr>\n

\n

Redfin Homebuyer Demand Index (seasonally adjusted)<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\nLowest level in 2 months (as of week ending Nov. 23)\n<\/p>\n<\/td>\n

\n

\nDown 11%\n<\/p>\n<\/td>\n

\n

\nA measure of tours and other homebuying services from Redfin agents\n<\/p>\n<\/td>\n<\/tr>\n

\n

Google searches of \u201chomes for sale\u201d<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\nHighest level since August (as of Nov. 23)\n<\/p>\n<\/td>\n

\n

\nUp more than 20%\n<\/p>\n<\/td>\n

\n

\nGoogle Trends\n<\/p>\n<\/td>\n<\/tr>\n

\n

Touring activity<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\nUp 3% from the start of the year (as of Nov. 21)\n<\/p>\n<\/td>\n

\n

\nAt this time last year, it was down 5% from the start of 2024\n<\/p>\n<\/td>\n

\n

\nShowingTime\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n

Key housing-market data<\/b><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

U.S. highlights: Four weeks ending Nov. 23, 2025<\/b><\/p>\n

Redfin\u2019s national metrics include data from 400+ U.S. metro areas and are based on homes listed and\/or sold during the period. Weekly housing-market data goes back through 2015. Subject to revision.<\/i><\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

Four weeks ending Nov. 23, 2025<\/b><\/p>\n<\/td>\n

\n

Year-over-year change<\/b><\/p>\n<\/td>\n

\n

Notes<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

Median sale price<\/b><\/p>\n<\/td>\n

\n

\n$393,248\n<\/p>\n<\/td>\n

\n

\n2.4%\n<\/p>\n<\/td>\n

\n

\nBiggest increase in nearly 8 months\n<\/p>\n<\/td>\n<\/tr>\n

\n

Median asking price<\/b><\/p>\n<\/td>\n

\n

\n$386,973\n<\/p>\n<\/td>\n

\n

\n2.5%\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n

Median monthly mortgage payment<\/b><\/p>\n<\/td>\n

\n

\n$2,466 at a 6.23% mortgage rate\n<\/p>\n<\/td>\n

\n

\n-2.1%\n<\/p>\n<\/td>\n

\n

\nLowest level of the year\n<\/p>\n<\/td>\n<\/tr>\n

\n

Pending sales<\/b><\/p>\n<\/td>\n

\n

\n73,223\n<\/p>\n<\/td>\n

\n

\n-2.1%\n<\/p>\n<\/td>\n

\n

\nBiggest decline in 8 months\n<\/p>\n<\/td>\n<\/tr>\n

\n

New listings<\/b><\/p>\n<\/td>\n

\n

\n75,794\n<\/p>\n<\/td>\n

\n

\n2%\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n

Active listings<\/b><\/p>\n<\/td>\n

\n

\n1,170,087\n<\/p>\n<\/td>\n

\n

\n5.7%\n<\/p>\n<\/td>\n

\n

\nSmallest increase since Feb. 2024\n<\/p>\n<\/td>\n<\/tr>\n

\n

Months of supply<\/b><\/p>\n<\/td>\n

\n

\n4.4\n<\/p>\n<\/td>\n

\n

\n+0.4 pts.\n<\/p>\n<\/td>\n

\n

\n4 to 5 months of supply<\/a> is considered balanced, with a lower number indicating seller\u2019s market conditions\n<\/p>\n<\/td>\n<\/tr>\n

\n

Share of homes off market in two weeks<\/b><\/p>\n<\/td>\n

\n

\n27.5%\n<\/p>\n<\/td>\n

\n

\nDown from 28%\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n

Median days on market<\/b><\/p>\n<\/td>\n

\n

\n49\n<\/p>\n<\/td>\n

\n

\n+5 days\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n

Share of homes sold above list price<\/b><\/p>\n<\/td>\n

\n

\n22.4%\n<\/p>\n<\/td>\n

\n

\nDown from 25%\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n

Average sale-to-list price ratio<\/b><\/p>\n<\/td>\n

\n

\n98.2%\n<\/p>\n<\/td>\n

\n

\nDown from 98.6%\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n
\n

Metro-level highlights: Four weeks ending Nov. 23, 2025<\/b><\/p>\n

Redfin\u2019s metro-level data includes the 50 most populous U.S. metros. Select metros may be excluded from time to time to ensure data accuracy.<\/i><\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

Metros with biggest year-over-year increases<\/b><\/p>\n<\/td>\n

\n

Metros with biggest year-over-year decreases<\/b><\/p>\n<\/td>\n

\n

Notes<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

Median sale price<\/b><\/p>\n<\/td>\n

\n

\nCincinnati (9.2%)\n<\/p>\n

\nCleveland (8.7%)\n<\/p>\n

\nDetroit (7.6%)\n<\/p>\n

\nNassau County, NY (6.9%)\n<\/p>\n

\nPittsburgh (6.5%)\n<\/p>\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\nOakland, CA (-4.8%)\n<\/p>\n

\nJacksonville, FL (-4.5%)\n<\/p>\n

\nFort Worth, TX (-4.1%)\n<\/p>\n

\nDallas (-3.1%)\n<\/p>\n

\nSan Francisco (-3.1%)\n<\/p>\n<\/td>\n

\n

\nDeclined in 16 metros\n<\/p>\n<\/td>\n<\/tr>\n

\n

Pending sales<\/b><\/p>\n<\/td>\n

\n

\nWest Palm Beach, FL (17.3%)\n<\/p>\n

\nMiami (14%)\n<\/p>\n

\nPhoenix (8.1%)\n<\/p>\n

\nCleveland (7.2%)\n<\/p>\n

\nSacramento, CA (5.6%)\n<\/p>\n<\/td>\n

\n

\nSan Jose, CA (-21.2%)\n<\/p>\n

\nSeattle (-17.2%)\n<\/p>\n

\nTampa, FL (-15.4%)\n<\/p>\n

\nHouston (-14.2%)\n<\/p>\n

\nSan Diego (-10.9%)\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n

New listings<\/b><\/p>\n<\/td>\n

\n

\nMinneapolis (14.2%)\n<\/p>\n

\nCincinnati (11.7%)\n<\/p>\n

\nBoston (9%)\n<\/p>\n

\nVirginia Beach, VA (8.6%)\n<\/p>\n

\nDetroit (8.1%)\n<\/p>\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\nTampa, FL (-17.2%)\n<\/p>\n

\nRiverside, CA (-11.6%)\n<\/p>\n

\nSan Antonio (-10.8%)\n<\/p>\n

\nFort Lauderdale, FL (-9.7%)\n<\/p>\n

\nJacksonville, FL (-8.7%)\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n

\nTo view the full report, including charts, please visit:
\n
https:\/\/www.redfin.com\/news\/housing-market-update-rising-home-prices-curb-sales<\/a><\/p>\n

About Redfin<\/b><\/p>\n

\nRedfin is a technology-driven real estate company with the country’s most-visited real estate brokerage website. As part of Rocket Companies (NYSE: RKT), Redfin is creating an integrated homeownership platform from search to close to make the dream of homeownership more affordable and accessible for everyone. Redfin\u2019s clients can see homes first with on-demand tours, easily apply for a home loan with Rocket Mortgage, and save thousands in fees while working with a top local agent.\n<\/p>\n

\nYou can find more information about Redfin and get the latest housing market data and research at Redfin.com\/news<\/a>. For more information about Rocket Companies, visit RocketCompanies.com<\/a>.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20251126684138\/en\/<\/a><\/span><\/p>\n

Contact Redfin Journalist Services:
\n<\/b>
Tana Kelley
\n
press@redfin.com<\/a><\/p>\n

KEYWORDS:<\/b> Washington United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Construction & Property Residential Building & Real Estate<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

Redfin Reports Rising Home Prices, Economic Volatility Curb Would-Be Buyers\u2019 Appetites in Leadup to Thanksgiving U.S. home prices are increasing and mortgage rates ticked up last week after dipping to their lowest level in a year. Rising costs and widespread financial uncertainty are causing house hunters to retreat. SEATTLE–(BUSINESS WIRE)– U.S. pending home sales declined 2.1% year over year during the four weeks ending November 23, the biggest decline in eight months, according to the latest data from Redfin, the real estate brokerage powered by Rocket. Redfin\u2019s analysis is condensed this week due to the Thanksgiving holiday. Leading indicators Indicators of homebuying demand and activity \u00a0 Value (if applicable) Recent change Year-over-year change Source Daily average 30-year fixed mortgage rate … <\/p>\n

Continue reading “Redfin Reports Rising Home Prices, Economic Volatility Curb Would-Be Buyers\u2019 Appetites in Leadup to Thanksgiving”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-914105","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nRedfin Reports Rising Home Prices, Economic Volatility Curb Would-Be Buyers\u2019 Appetites in Leadup to Thanksgiving - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/redfin-reports-rising-home-prices-economic-volatility-curb-would-be-buyers-appetites-in-leadup-to-thanksgiving\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Redfin Reports Rising Home Prices, Economic Volatility Curb Would-Be Buyers\u2019 Appetites in Leadup to Thanksgiving - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Redfin Reports Rising Home Prices, Economic Volatility Curb Would-Be Buyers\u2019 Appetites in Leadup to Thanksgiving U.S. home prices are increasing and mortgage rates ticked up last week after dipping to their lowest level in a year. Rising costs and widespread financial uncertainty are causing house hunters to retreat. SEATTLE–(BUSINESS WIRE)– U.S. pending home sales declined 2.1% year over year during the four weeks ending November 23, the biggest decline in eight months, according to the latest data from Redfin, the real estate brokerage powered by Rocket. Redfin\u2019s analysis is condensed this week due to the Thanksgiving holiday. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/redfin-reports-rising-home-prices-economic-volatility-curb-would-be-buyers-appetites-in-leadup-to-thanksgiving\/","og_locale":"en_US","og_type":"article","og_title":"Redfin Reports Rising Home Prices, Economic Volatility Curb Would-Be Buyers\u2019 Appetites in Leadup to Thanksgiving - Market Newsdesk","og_description":"Redfin Reports Rising Home Prices, Economic Volatility Curb Would-Be Buyers\u2019 Appetites in Leadup to Thanksgiving U.S. home prices are increasing and mortgage rates ticked up last week after dipping to their lowest level in a year. Rising costs and widespread financial uncertainty are causing house hunters to retreat. SEATTLE–(BUSINESS WIRE)– U.S. pending home sales declined 2.1% year over year during the four weeks ending November 23, the biggest decline in eight months, according to the latest data from Redfin, the real estate brokerage powered by Rocket. Redfin\u2019s analysis is condensed this week due to the Thanksgiving holiday. Leading indicators Indicators of homebuying demand and activity \u00a0 Value (if applicable) Recent change Year-over-year change Source Daily average 30-year fixed mortgage rate … Continue reading \"Redfin Reports Rising Home Prices, Economic Volatility Curb Would-Be Buyers\u2019 Appetites in Leadup to Thanksgiving\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/redfin-reports-rising-home-prices-economic-volatility-curb-would-be-buyers-appetites-in-leadup-to-thanksgiving\/","og_site_name":"Market Newsdesk","article_published_time":"2025-11-26T17:29:10+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20251126684138r1&sid=flmnd&distro=nx&lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/redfin-reports-rising-home-prices-economic-volatility-curb-would-be-buyers-appetites-in-leadup-to-thanksgiving\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/redfin-reports-rising-home-prices-economic-volatility-curb-would-be-buyers-appetites-in-leadup-to-thanksgiving\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Redfin Reports Rising Home Prices, Economic Volatility Curb Would-Be Buyers\u2019 Appetites in Leadup to Thanksgiving","datePublished":"2025-11-26T17:29:10+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/redfin-reports-rising-home-prices-economic-volatility-curb-would-be-buyers-appetites-in-leadup-to-thanksgiving\/"},"wordCount":675,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/redfin-reports-rising-home-prices-economic-volatility-curb-would-be-buyers-appetites-in-leadup-to-thanksgiving\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20251126684138r1&sid=flmnd&distro=nx&lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/redfin-reports-rising-home-prices-economic-volatility-curb-would-be-buyers-appetites-in-leadup-to-thanksgiving\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/redfin-reports-rising-home-prices-economic-volatility-curb-would-be-buyers-appetites-in-leadup-to-thanksgiving\/","name":"Redfin Reports Rising Home Prices, Economic Volatility Curb Would-Be Buyers\u2019 Appetites in Leadup to Thanksgiving - 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