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Median US home sale price rose 5.8% annually to US$364,751 in four-week period ended Feb. 18, median asking price of new listings increased 5.6% to US$396,000; new listings increased 9.8%, while total listings decreased 1.8%: Redfin

US home prices rose 0.5% in January, matching the gain seen in both December and November; increase in prices led by a shortage of homes for sale, fueling competition in some areas: Redfin

Redfin report reveals homeownership tenure has declined since 2020 peak due to the pandemic, with majority of US homeowners having lived in their homes for nearly 12 years; aging baby boomers and limited housing inventory are key factors in this trend

Investor home purchases drop 11% but low-priced US homes fuel high demand, investors purchased 13.6% of mid-priced homes and 15.9% of high-priced homes; Some investors turning to other investments due to high interest rates, sluggish rental market: Redfin

Redfin's report reveals increasing migration away from high-risk metros due to poor air quality and high home prices; witnessed net outflow of 1.2 million residents in 2021-2022, low-risk areas see a surge in migration inflow

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