{"success":true,"data":{"pressRelease":{"id":"170269","rtpr_id":"nPn30d7L5a-20261015","ticker":"RKT","exchange":"NYSE","all_tickers":["RKT"],"title":"Redfin Reports List Prices Fall for the First Time Since March","author":"PR Newswire","published_at":"2026-10-15T12:00:24.304Z","article_body":"Redfin Reports List Prices Fall for the First Time Since March\nPR Newswire\n\nSEATTLE, Oct. 15, 2026\n\nPending home sales inched up this week, but they're still near record lows\n\nSEATTLE, Oct. 15, 2026 /PRNewswire/ -- The median U.S. asking price of a home\nfor sale fell 0.3% year over year, the first decline since March. That's\naccording to a new report\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=2693171603&u=https%3A%2F%2Fwww.redfin.com%2Fnews%2Fhousing-market-update-asking-prices-decline-october&a=report)\n from Redfin\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=3491496974&u=https%3A%2F%2Fwww.redfin.com%2F&a=Redfin)\n, the real estate brokerage powered by Rocket.\n\nWhat else to know about the U.S. housing market for the four weeks ending Oct.\n11:\n\n * Home-sale prices are losing momentum. The median U.S. home-sale price rose\njust 0.5% year over year, the slowest growth rate since March. That means some\nrelief could be on the horizon for buyers.\n * Mortgage rates are still a vital stat for homebuyers and sellers. The weekly\naverage mortgage rate hit a three-year high of 7.4% on Oct. 8. Daily average\nrates have eased slightly in recent days, dipping to 7.45% on Oct. 14 from\n7.61% about a week earlier.\n * The typical homebuyer's monthly payment is $2,777, the highest level on record\nexcept the previous week. That's due to high mortgage rates and\nstill-increasing home prices.\n * Homebuying demand remains near record low. Pending home sales ticked up 1.5%\nfrom a week earlier—perhaps thanks to rates easing ever so slightly—but\nwere still near their lowest level in records dating back to 2021. That\nincludes the end of 2023, when mortgage rates were nearing 8%. Pending sales\ndeclined year over year in all 50 of the most populous U.S. metro areas.\n * Price drops are at a record high. As sellers come to terms with prices losing\nsteam, more of them are dropping their prices: 22% of home sellers with active\nlistings cut their asking price, up from 20.9% a year earlier and the highest\nlevel in Redfin's records.\n * Housing supply is growing, but slowly. New listings of homes for sale inched\nup 0.4% week over week, while the total number of homes for sale rose 0.8%.\nFor Redfin economists' takes on the housing market, please visit Redfin's\n\"From Our Economists\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=459709013&u=https%3A%2F%2Fwww.redfin.com%2Fnews%2Ffrom-our-economists%2F&a=From+Our+Economists)\n\" page.\n\nKey Housing Market Data\n U.S. highlights: Four weeks ending Oct. 11, 2026\n\nRedfin's national metrics include data from 900+ U.S. metro areas and are\n based on homes listed and/or sold during the period. Weekly housing-market\n data goes back through 2021. Subject to revision.\n Four weeks ending Year-over-year change Week-over-week Notes\n Oct. 11, 2026 change (where\n applicable)\n Median sale price $391,116 0.5 % Slowest price growth since\n March\n Median asking price $396,881 -0.3 % First decline since March\n (seasonally adjusted)\n Median monthly $2,777 at a 7.4% 8.8 % Highest level in Redfin's\n mortgage payment mortgage rate records (except the prior\n (seasonally adjusted) week)\n Pending sales 286,531 -12.7 % 1.5 % Lowest level in Redfin's\n (seasonally adjusted) records (except the prior\n week)\n New listings 359,859 -1.3 % 0.4 %\n (seasonally adjusted)\n Active listings 1,506,396 2 % 0.8 %\n (seasonally adjusted)\n Months of supply 4.2 Up from 3.8 4 to 5 months of supply\n (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=2271385377&u=https%3A%2F%2Fwww.redfin.com%2Fnews%2Fdata-center%2Fmethodology%2F%23elementor-toc__heading-anchor-11&a=months+of+supply)\n is\n considered balanced\n Share of homes off 29 % Down from 29.6%\n market in two weeks\n Median days on 49 1\n market\n Share of home listings 22 % Up from 20.9%\n with price drops\n Share of homes sold 23.6 % Up from 23.2%\n above list price\n Average sale-to-list 98.4 % Up from 98.3%\n price ratio\n\n Metro-level highlights: Four weeks ending Oct. 11, 2026\n\nRedfin's metro-level rankings data includes the 50 most populous U.S. metros.\n Select metros may be excluded from time to time to\n ensure data accuracy.\n Metros with biggest year-over- Metros with biggest year-over- Notes\n year increases year decreases\n Median sale price San Francisco Seattle\n (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=387245172&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F17151%2FCA%2FSan-Francisco&a=San+Francisco) (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=1857067545&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F16163%2FWA%2FSeattle&a=Seattle)\n (18.1%) (-6.3%)\n\nDetroit\nSan Jose, CA\n (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=112135592&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F5665%2FMI%2FDetroit&a=Detroit) (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=4056243684&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F17420%2FCA%2FSan-Jose&a=San+Jose%2C+CA)\n (9.4%) (-4.8%)\n\nWest Palm Beach, FL Orlando, FL\n (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=3994694404&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F19373%2FFL%2FWest-Palm-Beach&a=West+Palm+Beach%2C+FL) (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=344561490&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F13655%2FFL%2FOrlando&a=Orlando%2C+FL)\n (7.8%) (-3.4%)\n\nChicago\nCharlotte, NC\n (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=4160848079&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F29470%2FIL%2FChicago&a=Chicago) (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=3350202062&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F3105%2FNC%2FCharlotte&a=Charlotte%2C+NC)\n (5.2%) (-2.3%)\n\nNewark, NJ\nAnaheim, CA\n (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=2486590600&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F13136%2FNJ%2FNewark&a=Newark%2C+NJ) (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=4168510759&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F517%2FCA%2FAnaheim&a=Anaheim%2C+CA)\n (5.1%) (-2.1%)\n Pending sales Seattle Declined in every single metro\n (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=1857067545&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F16163%2FWA%2FSeattle&a=Seattle) Redfin analyzed for the first time in 3 years\n (-26%)\n\nAtlanta\n (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=2887449347&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F30756%2FGA%2FAtlanta&a=Atlanta)\n (-22.7%)\n\nSan Diego\n (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=1416848891&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F16904%2FCA%2FSan-Diego&a=San+Diego)\n (-22.6%)\n\nDenver\n (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=2849630861&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F5155%2FCO%2FDenver&a=Denver)\n (-19.3%)\n\nMinneapolis\n (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=3842823899&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F10943%2FMN%2FMinneapolis&a=Minneapolis)\n (-18.5%)\n New listings Nashville, TN Atlanta\n (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=2552102821&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F13415%2FTN%2FNashville&a=Nashville%2C+TN) (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=2887449347&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F30756%2FGA%2FAtlanta&a=Atlanta)\n (22.1%) (-21.3%)\n\nSan Jose, CA\nSan Antonio\n (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=4056243684&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F17420%2FCA%2FSan-Jose&a=San+Jose%2C+CA) (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=2027195099&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F16657%2FTX%2FSan-Antonio&a=San+Antonio)\n (20.3%) (-14.6%)\n\nBoston\nDallas\n (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=2523180186&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F1826%2FMA%2FBoston&a=Boston) (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=2111671818&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F30794%2FTX%2FDallas&a=Dallas)\n (12.4%) (-10.2%)\n\nSan Francisco\nFort Worth, TX\n (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=387245172&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F17151%2FCA%2FSan-Francisco&a=San+Francisco) (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=2030225532&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F30827%2FTX%2FFort-Worth&a=Fort+Worth%2C+TX)\n (11.5%) (-9.2%)\n\nNewark, NJ\nJacksonville, FL\n (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=2486590600&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F13136%2FNJ%2FNewark&a=Newark%2C+NJ) (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=1744704259&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F8907%2FFL%2FJacksonville&a=Jacksonville%2C+FL)\n (8.7%) (-6.5%)\n\nTo view the full report, including charts, please visit:\nhttps://www.redfin.com/news/housing-market-update-asking-prices-decline-october\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=3611711886&u=https%3A%2F%2Fwww.redfin.com%2Fnews%2Fhousing-market-update-asking-prices-decline-october&a=https%3A%2F%2Fwww.redfin.com%2Fnews%2Fhousing-market-update-asking-prices-decline-october)\n\nAbout Redfin\nRedfin is a technology-driven real estate company with the country's\nmost-visited real estate brokerage website. As part of Rocket Companies (NYSE:\nRKT), Redfin is creating an integrated homeownership platform from search to\nclose to make the dream of homeownership more affordable and accessible for\neveryone. Redfin's clients can see homes first with on-demand tours, easily\napply for a home loan with Rocket Mortgage, and save thousands in fees while\nworking with a top local agent.\n\nYou can find more information about Redfin and get the latest housing market\ndata and research at https://www.redfin.com/news\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=4075071393&u=https%3A%2F%2Fwww.redfin.com%2Fnews&a=https%3A%2F%2Fwww.redfin.com%2Fnews)\n. For more information about Rocket Companies, visit\nhttps://www.rocketcompanies.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=3731325205&u=https%3A%2F%2Fwww.rocketcompanies.com%2F&a=https%3A%2F%2Fwww.rocketcompanies.com)\n.\n\n \n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/redfin-reports-list-prices-fall-for-the-first-time-since-march-302909482.html\n(https://www.prnewswire.com/news-releases/redfin-reports-list-prices-fall-for-the-first-time-since-march-302909482.html)\n\nSOURCE Redfin\n\n\n\nContact Redfin Journalist Services: Emily Rubin, press@redfin.com, Juliana Russ, Austin American Statesman, Julianna.Russ@statesman.com\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS690711/Redfin-Powered-by-Rocket-Logo.jpg?id=OA3019997\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn30d7L5a-20261015","title":"Redfin Reports List Prices Fall for the First Time Since March","author":"PR Newswire","ticker":"RKT","created":"2026-10-15T12:00:24.304Z","tickers":["RKT"],"exchange":"NYSE","article_body":"Redfin Reports List Prices Fall for the First Time Since March\nPR Newswire\n\nSEATTLE, Oct. 15, 2026\n\nPending home sales inched up this week, but they're still near record lows\n\nSEATTLE, Oct. 15, 2026 /PRNewswire/ -- The median U.S. asking price of a home\nfor sale fell 0.3% year over year, the first decline since March. That's\naccording to a new report\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=2693171603&u=https%3A%2F%2Fwww.redfin.com%2Fnews%2Fhousing-market-update-asking-prices-decline-october&a=report)\n from Redfin\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=3491496974&u=https%3A%2F%2Fwww.redfin.com%2F&a=Redfin)\n, the real estate brokerage powered by Rocket.\n\nWhat else to know about the U.S. housing market for the four weeks ending Oct.\n11:\n\n * Home-sale prices are losing momentum. The median U.S. home-sale price rose\njust 0.5% year over year, the slowest growth rate since March. That means some\nrelief could be on the horizon for buyers.\n * Mortgage rates are still a vital stat for homebuyers and sellers. The weekly\naverage mortgage rate hit a three-year high of 7.4% on Oct. 8. Daily average\nrates have eased slightly in recent days, dipping to 7.45% on Oct. 14 from\n7.61% about a week earlier.\n * The typical homebuyer's monthly payment is $2,777, the highest level on record\nexcept the previous week. That's due to high mortgage rates and\nstill-increasing home prices.\n * Homebuying demand remains near record low. Pending home sales ticked up 1.5%\nfrom a week earlier—perhaps thanks to rates easing ever so slightly—but\nwere still near their lowest level in records dating back to 2021. That\nincludes the end of 2023, when mortgage rates were nearing 8%. Pending sales\ndeclined year over year in all 50 of the most populous U.S. metro areas.\n * Price drops are at a record high. As sellers come to terms with prices losing\nsteam, more of them are dropping their prices: 22% of home sellers with active\nlistings cut their asking price, up from 20.9% a year earlier and the highest\nlevel in Redfin's records.\n * Housing supply is growing, but slowly. New listings of homes for sale inched\nup 0.4% week over week, while the total number of homes for sale rose 0.8%.\nFor Redfin economists' takes on the housing market, please visit Redfin's\n\"From Our Economists\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=459709013&u=https%3A%2F%2Fwww.redfin.com%2Fnews%2Ffrom-our-economists%2F&a=From+Our+Economists)\n\" page.\n\nKey Housing Market Data\n U.S. highlights: Four weeks ending Oct. 11, 2026\n\nRedfin's national metrics include data from 900+ U.S. metro areas and are\n based on homes listed and/or sold during the period. Weekly housing-market\n data goes back through 2021. Subject to revision.\n Four weeks ending Year-over-year change Week-over-week Notes\n Oct. 11, 2026 change (where\n applicable)\n Median sale price $391,116 0.5 % Slowest price growth since\n March\n Median asking price $396,881 -0.3 % First decline since March\n (seasonally adjusted)\n Median monthly $2,777 at a 7.4% 8.8 % Highest level in Redfin's\n mortgage payment mortgage rate records (except the prior\n (seasonally adjusted) week)\n Pending sales 286,531 -12.7 % 1.5 % Lowest level in Redfin's\n (seasonally adjusted) records (except the prior\n week)\n New listings 359,859 -1.3 % 0.4 %\n (seasonally adjusted)\n Active listings 1,506,396 2 % 0.8 %\n (seasonally adjusted)\n Months of supply 4.2 Up from 3.8 4 to 5 months of supply\n (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=2271385377&u=https%3A%2F%2Fwww.redfin.com%2Fnews%2Fdata-center%2Fmethodology%2F%23elementor-toc__heading-anchor-11&a=months+of+supply)\n is\n considered balanced\n Share of homes off 29 % Down from 29.6%\n market in two weeks\n Median days on 49 1\n market\n Share of home listings 22 % Up from 20.9%\n with price drops\n Share of homes sold 23.6 % Up from 23.2%\n above list price\n Average sale-to-list 98.4 % Up from 98.3%\n price ratio\n\n Metro-level highlights: Four weeks ending Oct. 11, 2026\n\nRedfin's metro-level rankings data includes the 50 most populous U.S. metros.\n Select metros may be excluded from time to time to\n ensure data accuracy.\n Metros with biggest year-over- Metros with biggest year-over- Notes\n year increases year decreases\n Median sale price San Francisco Seattle\n (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=387245172&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F17151%2FCA%2FSan-Francisco&a=San+Francisco) (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=1857067545&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F16163%2FWA%2FSeattle&a=Seattle)\n (18.1%) (-6.3%)\n\nDetroit\nSan Jose, CA\n (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=112135592&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F5665%2FMI%2FDetroit&a=Detroit) (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=4056243684&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F17420%2FCA%2FSan-Jose&a=San+Jose%2C+CA)\n (9.4%) (-4.8%)\n\nWest Palm Beach, FL Orlando, FL\n (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=3994694404&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F19373%2FFL%2FWest-Palm-Beach&a=West+Palm+Beach%2C+FL) (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=344561490&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F13655%2FFL%2FOrlando&a=Orlando%2C+FL)\n (7.8%) (-3.4%)\n\nChicago\nCharlotte, NC\n (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=4160848079&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F29470%2FIL%2FChicago&a=Chicago) (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=3350202062&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F3105%2FNC%2FCharlotte&a=Charlotte%2C+NC)\n (5.2%) (-2.3%)\n\nNewark, NJ\nAnaheim, CA\n (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=2486590600&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F13136%2FNJ%2FNewark&a=Newark%2C+NJ) (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=4168510759&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F517%2FCA%2FAnaheim&a=Anaheim%2C+CA)\n (5.1%) (-2.1%)\n Pending sales Seattle Declined in every single metro\n (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=1857067545&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F16163%2FWA%2FSeattle&a=Seattle) Redfin analyzed for the first time in 3 years\n (-26%)\n\nAtlanta\n (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=2887449347&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F30756%2FGA%2FAtlanta&a=Atlanta)\n (-22.7%)\n\nSan Diego\n (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=1416848891&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F16904%2FCA%2FSan-Diego&a=San+Diego)\n (-22.6%)\n\nDenver\n (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=2849630861&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F5155%2FCO%2FDenver&a=Denver)\n (-19.3%)\n\nMinneapolis\n (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=3842823899&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F10943%2FMN%2FMinneapolis&a=Minneapolis)\n (-18.5%)\n New listings Nashville, TN Atlanta\n (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=2552102821&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F13415%2FTN%2FNashville&a=Nashville%2C+TN) (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=2887449347&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F30756%2FGA%2FAtlanta&a=Atlanta)\n (22.1%) (-21.3%)\n\nSan Jose, CA\nSan Antonio\n (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=4056243684&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F17420%2FCA%2FSan-Jose&a=San+Jose%2C+CA) (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=2027195099&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F16657%2FTX%2FSan-Antonio&a=San+Antonio)\n (20.3%) (-14.6%)\n\nBoston\nDallas\n (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=2523180186&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F1826%2FMA%2FBoston&a=Boston) (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=2111671818&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F30794%2FTX%2FDallas&a=Dallas)\n (12.4%) (-10.2%)\n\nSan Francisco\nFort Worth, TX\n (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=387245172&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F17151%2FCA%2FSan-Francisco&a=San+Francisco) (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=2030225532&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F30827%2FTX%2FFort-Worth&a=Fort+Worth%2C+TX)\n (11.5%) (-9.2%)\n\nNewark, NJ\nJacksonville, FL\n (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=2486590600&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F13136%2FNJ%2FNewark&a=Newark%2C+NJ) (https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=1744704259&u=https%3A%2F%2Fwww.redfin.com%2Fcity%2F8907%2FFL%2FJacksonville&a=Jacksonville%2C+FL)\n (8.7%) (-6.5%)\n\nTo view the full report, including charts, please visit:\nhttps://www.redfin.com/news/housing-market-update-asking-prices-decline-october\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=3611711886&u=https%3A%2F%2Fwww.redfin.com%2Fnews%2Fhousing-market-update-asking-prices-decline-october&a=https%3A%2F%2Fwww.redfin.com%2Fnews%2Fhousing-market-update-asking-prices-decline-october)\n\nAbout Redfin\nRedfin is a technology-driven real estate company with the country's\nmost-visited real estate brokerage website. As part of Rocket Companies (NYSE:\nRKT), Redfin is creating an integrated homeownership platform from search to\nclose to make the dream of homeownership more affordable and accessible for\neveryone. Redfin's clients can see homes first with on-demand tours, easily\napply for a home loan with Rocket Mortgage, and save thousands in fees while\nworking with a top local agent.\n\nYou can find more information about Redfin and get the latest housing market\ndata and research at https://www.redfin.com/news\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=4075071393&u=https%3A%2F%2Fwww.redfin.com%2Fnews&a=https%3A%2F%2Fwww.redfin.com%2Fnews)\n. For more information about Rocket Companies, visit\nhttps://www.rocketcompanies.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4798368-1&h=3731325205&u=https%3A%2F%2Fwww.rocketcompanies.com%2F&a=https%3A%2F%2Fwww.rocketcompanies.com)\n.\n\n \n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/redfin-reports-list-prices-fall-for-the-first-time-since-march-302909482.html\n(https://www.prnewswire.com/news-releases/redfin-reports-list-prices-fall-for-the-first-time-since-march-302909482.html)\n\nSOURCE Redfin\n\n\n\nContact Redfin Journalist Services: Emily Rubin, press@redfin.com, Juliana Russ, Austin American Statesman, Julianna.Russ@statesman.com\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS690711/Redfin-Powered-by-Rocket-Logo.jpg?id=OA3019997\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-10-15T12:00:24.342813891Z","server_sent_at_ms":1792065624342},"received_at":"2026-10-15T12:00:24.498Z","source_url":"https://www.prnewswire.com/news-releases/redfin-reports-list-prices-fall-for-the-first-time-since-march-302909482.html"},"analysis":{"id":"158467","press_release_id":"170269","analysis_json":{"industry":{"label":"Mortgage REITs","sector":"Financials"},"redFlags":["pending sales declined year over year in all 50 most populous metros","mortgage rates near three-year highs pressure origination volumes"],"eventType":"other","narrative":"Redfin, the brokerage owned by Rocket Companies, reported the median U.S. asking price fell 0.3% year over year in the four weeks ending Oct. 11 — the first decline since March.\n\nPending home sales remained near record lows at 286,531, down 12.7% year over year, while 22% of active sellers cut their asking prices, the highest share in Redfin's records.\n\nMortgage rates hit a three-year high of 7.4% on Oct. 8 before easing slightly, keeping the typical monthly payment at $2,777 — a headwind for Rocket's mortgage origination pipeline.","sentiment":"bearish","agentHooks":{"shouldPost":false,"suggestedAngle":"Weak housing data from Redfin signals continued pressure on Rocket's origination volumes."},"keyFigures":{"customDimensions":{"pending_sales":286531,"months_of_supply":4.2,"median_sale_price":391116,"pending_sales_yoy":"-12.7%","mortgage_rate_oct8":"7.4%","median_days_on_market":49,"median_sale_price_yoy":"0.5%","median_asking_price_yoy":"-0.3%","share_listings_price_drops":"22%","median_monthly_mortgage_payment":2777}},"namedEntities":{"people":[{"name":"Emily Rubin","role":"Redfin press contact"},{"name":"Juliana Russ","role":"Austin American Statesman contact"}],"products":["Redfin brokerage website","Rocket Mortgage"],"companies":[{"name":"Redfin","ticker":"RKT","relationship":"subsidiary of Rocket Companies"},{"name":"Rocket Companies","ticker":"RKT","relationship":"parent company (filer)"},{"name":"Rocket Mortgage","relationship":"affiliate lending business"}],"dollarAmounts":[{"amount":"$391,116","context":"median U.S. home-sale price, four weeks ending Oct. 11, 2026"},{"amount":"$396,881","context":"median U.S. asking price (seasonally adjusted)"},{"amount":"$2,777","context":"typical homebuyer's monthly mortgage payment at 7.4% rate"}]},"materialImpact":{"score":1,"reasoning":"Routine weekly housing-market data report from Redfin (a Rocket subsidiary), not an issuer disclosure of financial results. Data points to weak housing demand (pending sales -12.7% YoY, record-high price drops), which is a mild negative signal for Rocket's mortgage/refinance volumes."},"tickerRelevance":{"others":[],"primary":"RKT"},"globalImportance":18,"audienceRelevance":35,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"mid-cap","eventGravity":"routine-market-data-report","sectorRelevance":"housing/mortgage cycle indicator","subsidiaryReport":true}},"event_type":"other","event_type_secondary":null,"sentiment":"bearish","material_impact_score":1,"narrative":"Redfin, the brokerage owned by Rocket Companies, reported the median U.S. asking price fell 0.3% year over year in the four weeks ending Oct. 11 — the first decline since March.\n\nPending home sales remained near record lows at 286,531, down 12.7% year over year, while 22% of active sellers cut their asking prices, the highest share in Redfin's records.\n\nMortgage rates hit a three-year high of 7.4% on Oct. 8 before easing slightly, keeping the typical monthly payment at $2,777 — a headwind for Rocket's mortgage origination pipeline.","key_figures":{"customDimensions":{"pending_sales":286531,"months_of_supply":4.2,"median_sale_price":391116,"pending_sales_yoy":"-12.7%","mortgage_rate_oct8":"7.4%","median_days_on_market":49,"median_sale_price_yoy":"0.5%","median_asking_price_yoy":"-0.3%","share_listings_price_drops":"22%","median_monthly_mortgage_payment":2777}},"named_entities":{"people":[{"name":"Emily Rubin","role":"Redfin press contact"},{"name":"Juliana Russ","role":"Austin American Statesman contact"}],"products":["Redfin brokerage website","Rocket Mortgage"],"companies":[{"name":"Redfin","ticker":"RKT","relationship":"subsidiary of Rocket Companies"},{"name":"Rocket Companies","ticker":"RKT","relationship":"parent company (filer)"},{"name":"Rocket Mortgage","relationship":"affiliate lending business"}],"dollarAmounts":[{"amount":"$391,116","context":"median U.S. home-sale price, four weeks ending Oct. 11, 2026"},{"amount":"$396,881","context":"median U.S. asking price (seasonally adjusted)"},{"amount":"$2,777","context":"typical homebuyer's monthly mortgage payment at 7.4% rate"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:5c812bd9e28b810d","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-15T12:00:46.899Z","global_importance":18,"audience_relevance":35,"importance_components":{"tickerTier":"mid-cap","eventGravity":"routine-market-data-report","sectorRelevance":"housing/mortgage cycle indicator","subsidiaryReport":true}},"durationMs":6225,"modelName":"glm-5.3-flashx"}}