Nearly half of U.S. home sellers gave concessions to buyers in the first quarter of 2025, as rising housing costs, high interest rates, and a growing supply of homes have made buyers more cautious, according to a new report from Redfin.
The technology-driven real estate broker reported that 44.4 percent of home-sale transactions included a concession—such as funds for repairs, closing costs, or mortgage-rate buydowns—up from 39.3 percent a year ago and close to the record 45.1 percent seen in early 2023.
