Redfin Reports U.S. Home Prices Rose 0.3% From a Month Earlier in June
Redfin, part of Rocket Companies, reported that U.S. home prices rose 0.3% month over month in June, tying May as the fastest growth rate since January. Prices increased 3% year over year, the fastest growth rate in 10 months, driven by a lack of affordable inventory and a pickup in demand despite high mortgage rates.
Key figures
- Metro miami mom
- 1.1%
- Metro columbus mom
- 1.2%
- National mom change
- 0.3%
- National yoy change
- 3%
- Metro cincinnati mom
- 1.0%
- Metro san francisco mom
- -1.0%
- Metro san francisco yoy
- 10.8%
AI analysis
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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.