Cities in the West that saw prices soar during the pandemic are now cooling while metros in the Northeast and Midwest are showing more resilience, according to a new analysis
Home sales were up 24% in October from the previous year on a seasonally adjusted basis, the largest increase since Redfin started tracking the data in 2012
A new report from Attom Data Solutions found that 77% of metros analyzed posted double-digit annual home price gains
The typical home sale profit of $75,971 in the second quarter of 2020 reflected a 36.3% return on investment, a new high in raw profits since the housing market started its recovery from the Great Recession in 2012
The first quarter of 2020 made a strong showing for homesellers, but the data does not yet reflect the full impact of the COVID-19 pandemic on the market
And 20 markets where they are still losing money on average