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Lily Katz0 Posts
As a data journalist, Lily Katz is passionate about helping readers understand complex facets of the housing market. She is particularly interested in the issues of climate change, race and gender inequality and housing affordability. Prior to working at Redfin, Lily spent four years as a reporter at Bloomberg News in New York City.
Home Prices Are Rising in Every Major Metro…
… for the First Time Since 2022 by Lily Katz, Redfin Home prices rose from a year earlier in all 50 of the most populous U.S. metropolitan areas in December — the first time that has occurred since May 2022, when the pandemic homebuying frenzy caused prices to skyrocket. By comparison, home prices rose in 41 metros in December 2023. “Places that have long been known as affordable places to
Asking Rents Flattened in April
Rent Growth to Cool for the 11th-Straight Month By Lily Katz The median U.S. asking rent rose 0.3% year over year to $1,967 in April—the 11th-consecutive month of slowing growth, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That compares to a revised increase of 1.4% one month earlier and a 16% increase one year earlier. On a month-over-month basis, the median asking rent fell 0.2%, which
