home for sale sign price reduced
  • Home prices are the most buoyant they've been in two years, according to Redfin.
  • Housing prices in the top 50 US cities have climbed higher or been flat for the first time since 2022.
  • That speaks to demand continuing to outpace housing supply, Redfin said. 

Home prices have stopped falling in America's biggest metropolitan areas for the first time in two years, according to Redfin.

Home prices rose or stayed flat in 50 of the most populated US metro areas in April, the real estate listings site said in a report this week. That's the first time that's happened in all 50 cities since July 2022, when mortgage rates and home prices were shooting up in tandem as buyers scrambled to get into the market.