|Bid||54.00 x 900|
|Ask||54.25 x 800|
|Day's Range||52.13 - 55.21|
|52 Week Range||16.14 - 98.44|
|Beta (5Y Monthly)||1.89|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 28, 2021 - Aug 02, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||81.30|
(NASDAQ: RDFN) — Redfin forecasts a record $2.53 trillion worth of home sales in America in 2021—a 17% year-over-year gain that would mark the largest annual increase in percentage terms since 2013. Redfin (www.redfin.com), the technology-powered real estate brokerage, made the prediction in a new report out today. To put $2.53 trillion into perspective, it's roughly equal to the value of Amazon.com Inc. and Facebook Inc. combined, or the 2020 gross domestic product (GDP) of France.
KE Holdings operates China's leading real estate brokerage brand and has been around for about two decades. Investors have been excited about KE's online platform called Beike that pairs homebuyers with renters, and the company has been compared to the U.S. real estate brokerage Redfin (NASDAQ: RDFN). As of 2:45 p.m. on Monday, KE Holdings stock had bounced back and only traded more than 8% down on the day.
(NASDAQ: RDFN) — The number of buyers who locked in mortgage rates for second homes soared 178% year over year in April, marking the 11th straight month of 80%-plus growth, per a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. The record increase should be taken in context: It is likely exaggerated because demand for second homes dropped 24% year over year last April, the month after the coronavirus pandemic hit the U.S. and real estate activity in the country nearly ground to a halt. Still, second-home mortgage rate locks are holding steady at more than double pre-pandemic levels.