Tag Archives: rent payment

Spring is typically a busy homebuying season, but new listings of homes for sale are down 24% from a year ago, according to a new report from Redfin. The total number of homes for sale is also down nearly 10%, representing the biggest drop in over a year.

Redfin reports that while the average rent payment was up 11% in September. Mortgage payments for new homebuyers kept pace, rising 15%.