Redfin: US median home-sale price hits record $400,894 as pending sales fall for fourth straight week
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- Rocket-backed Redfin flagged record housing costs as pending U.S. home sales fell 0.6% week over week, the fourth straight weekly decline.
- Median U.S. home-sale price rose 1.5% year over year to a record USD 400,894 in the four weeks ended June 7.
- Typical monthly mortgage payment held near an 11-month high at USD 2,619, reflecting mid-6% mortgage rates.
- Daily average 30-year fixed mortgage rate climbed to 6.67% on June 10 from 6.57% a week earlier.
- Supply stayed tight, with active listings up 0.5% year over year to 1.49 million, helping keep prices elevated despite weaker demand.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rocket Companies Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202606110800BIZWIRE_USPR_____20260611_BW171284) on June 11, 2026, and is solely responsible for the information contained therein.
