Redfin Corp
NASDAQ:RDFN

  • LAST PRICE
    12.6500
  • TODAY'S CHANGE (%)
    0.1200 (0.9577%)
  • Bid / Lots
    12.6400/ 3
  • Ask / Lots
    12.6500/ 2
  • Open / Previous Close
    12.4200 / 12.5300
  • Day Range
    12.0300
    12.6700
  • 52 Week Range
    4.2600
    15.2900
  • Volume
    3,898,372

Search Criteria

Click on magnifying glass icon to search

CompanyCountrySymbol

TD Direct Investing offers more research reports than any other discount brokerage in Canada. Provided from the industry's most trusted sources, our service includes timely, relevant information for the current trading day and comprehensive industry, sector, and insider trading reports for further analysis.

Open a New Account, or Login if you're a client.

  • Today

      Show headlines and story abstract

    • 5 hours ago by Dow Jones
      Companies Mentioned: RDFN

      0959 ET - Just over half--54%--of newly constructed apartments completed in 1Q were rented out within three months--bouncing back from a four-year-low of 47% a quarter earlier--according to Redfin. That's still down from 58% a year earlier. The uptick from the previous quarter may be a sign that building owners are attracting renters with more affordable rents and concessions. The absorption rate for new apartments has been slower this year than the previous two years because of a spike in new apartment buildings being built--especially in Sun Belt metros that became popular destinations during the pandemic. Nationally, the rental vacancy rate for buildings with five or more units was 7.8% in 2Q, up from 7.4% a year earlier, further indicating that supply is slightly outpacing demand. (chris.wack@wsj.com)

    • 7 hours ago by Dow Jones
      Companies Mentioned: RDFN

      (NASDAQ: RDFN) -- More than half (54%) of newly constructed apartments completed in the first quarter were rented out within three months--bouncing back from a four-year-low of 47% a quarter earlier-- according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.

  • Yesterday

      Show headlines and story abstract

    • 2:33PM ET on Monday Sep 30, 2024 by MT Newswires
      Companies Mentioned: RDFN
      02:33 PM EDT, 09/30/2024 (MT Newswires) -- The income needed to afford the typical US starter home declined year over year for the first time since 2020 in August as mortgage rates slid, according to a Redfin (RDFN) report published Monday. Buyers n...

    • 10:29AM ET on Monday Sep 30, 2024 by Dow Jones
      Companies Mentioned: RDFN

      1029 ET - U.S. homebuyers need to earn $76,995 per year to afford the median priced starter home--$250,000--down 0.4% year over year, according to Redfin. That's the first annual decline since August 2020, when mortgage rates were nearing their record low. Starter-home prices are up 4.2% year over year, but the income needed to afford a starter home fell because mortgage rates dropped enough to offset the increase in prices. Still, the income needed to afford a starter home is only 3.6% below the record high of $79,857 hit last fall. Redfin says that a decade ago, a turnkey four-bedroom house in a nice neighborhood was often considered a starter home, but today, a small fixer-upper condo is often all a first-time homebuyer can afford. The typical household earns an estimated $83,853 per year, which is 8.9% more than they need to afford the median priced starter home. (chris.wack@wsj.com)

    • 9:56AM ET on Monday Sep 30, 2024 by Dow Jones
      Companies Mentioned: RDFN

      0956 ET - Just 25 out of every 1,000 U.S. homes changed hands in the first eight months of 2024, the lowest turnover rate in decades, according to Redfin. There were 37.5% fewer homes sold this year than during the middle of the pandemic buying frenzy in 2021--40 of every 1,000--and 31% fewer homes sold than during the last pre-pandemic year in 2019--36 of every 1,000. Homes are changing hands at historically low rates for a number of interconnected reasons, including elevated mortgage rates; rising prices and low supply; and economic and political uncertainty. The rate of homes being listed for sale also fell in the first eight months, to the lowest level since at least 2012. (chris.wack@wsj.com)

Peers Headlines