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Redfin Corp. (RDFN) shares information

Redfin Corp


24h Change

-0.51 %

RDFN

Live rate: Market closed

Stock data per Monday 2 Aug, 2021

RDFN
NASDAQ/NGS (GLOBAL SELECT MARKET)
58.57
59.32
58.27
-0.3 (-0.51%)
US Market is closed

Live Stock price in graph for Redfin Corp (RDFN)

  • Latest Volume

    727,245 (39.99 %)

  • Volume prev. day

    519,480

  • Avg. daily volume

    930,844

  • Market cap

    6,062,498,846

  • P/E ratio

    -6007.22

  • Today high

    60.48 USD

  • Today low

    57.767 USD

  • 52 week high

    98.45 USD

  • 52 week low

    37.31 USD

  • YTD Change

    n/a

Quick links

 

Latest news about Redfin Corp

Below you can find the most recent news posts about Redfin Corp, primarily from US and UK based news sources.

Were Hedge Funds Right About Dumping Redfin Corporation (RDFN)?

Tuesday, 27 July 2021, 02:16:51
No summary available.
— Insider Monkey


Redfin Reports Low Mortgage Rates Buoy Prices as Competition Eases

Friday, 23 July 2021, 14:00:00
SEATTLE , July 23, 2021 /PRNewswire/ — (NASDAQ: RDFN ) The housing market”s supply side is gradually gaining momentum as homes for sale begin to pile and pending sales continue a steady and seasonal decline, according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage. As both of these trends continue in the weeks ahead, prices will stop rising as rapidly as they have been and an increasing number of homes for sale will see price drops. Key housing market takeaways for 400+ U.S. metro areas: Unless otherwise noted, this data covers the four-week period ending July 18 . Redfin”s housing market data goes back through 2012. Data based on homes listed and/or sold during the period: The median home-sale price increased 20% year over year to $364,160 , a record high. Asking prices of newly listed homes were up 12% from the same time a year ago to a median of $360,975 . This is shy of the all-time high set during the four-week period ending June 27 , and asking prices have been basically flat since late May.
— Benzinga


Redfin Reports Investor Home Purchases Hit Record, Surpassing Pre-Pandemic Levels

Thursday, 22 July 2021, 14:00:00
SEATTLE , July 22, 2021 /PRNewswire/ — (NASDAQ: RDFN ) Real estate investors purchased 67,943 U.S. homes in the second quarter of 2021, the highest quarterly figure on record, according to a new report from Redfin ( www.redfin.com ), the technology-powered real estate brokerage. That”s up 15.1% from the prior quarter, and up 106.7% from the second quarter of 2020, when activity in the housing market was stalled due to pandemic restrictions. In dollar terms, investors bought a record $48.5 billion worth of homes in the second quarter, up from $38.9 billion in the prior quarter and $20.9 billion a year earlier. The typical home they purchased cost $439 ,60023.7% higher than a year earlieramid surging housing prices. Redfin defines an investor as any institution or business that purchases residential real estate. Any “records” referenced in this release date back to the year 2000. Investor market share has nearly returned to pre-pandemic levels. Investors bought about one of every six homes (15.9%) that were purchased in the second quarter of 2021just shy of the 16.1% record market share they held in the first quarter of
— Benzinga


Redfin to Announce Second-Quarter 2021 Results on August 5, 2021

Wednesday, 21 July 2021, 22:01:00
SEATTLE , July 21, 2021 /PRNewswire/ — Redfin Corporation (NASDAQ: RDFN ) will release second-quarter 2021 results after the stock market closes on Thursday, August 5, 2021 . The company will host a live webcast of its conference call to discuss the results at 1:30 p.m. Pacific Time / 4:30 p.m. Eastern Time . Participants may access the live webcast on Redfin”s Investor Relations website at http://investors.redfin.com . Full story available on Benzinga.com
— Benzinga


Homebuyers Are Turning Back to Condos After Pandemic-Driven Slump

Wednesday, 21 July 2021, 14:00:00
SEATTLE , July 21, 2021 /PRNewswire/ — (NASDAQ: RDFN ) The typical condo in the U.S. sold above its asking price in June for just the second time since at least 2012, according to a new report from Redfin ( www.redfin.com ), the technology-powered real estate brokerage. The first time was in May, signaling renewed homebuyer competition for condos after a pandemic-fueled slump. Nationwide, the typical condo sold for 0.7% above its asking price in June, following a premium of 0.4% in May. In dollar terms, the typical condo sold for $304,000 in June. If it sold for 0.7% above its asking price, that means it was listed for $301,872 . The pattern is somewhat seasonal, as average sale-to-list ratios for condos typically peak in May or June, but this is the first year condos are selling above asking price rather than below. The data in this report is from a Redfin analysis of MLS data and public county records. The national median sale price for condos rose a record 20.3% year over year in June to an all-time high of $304,000 .
— Benzinga


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