The Redfin Housing Demand Index remained virtually flat, up slightly from 126 in July to 127 in August. Still, the Demand Index increased 27.7 percent year over year.
The Redfin Housing Demand Index fell 5.0 percent from its all-time high of 130 in June to 124 in July. Still, the Demand Index was up 29.7 percent year over year. The Demand Index is adjusted for Redfin’s market share growth. The Demand Index is based on thousands of Redfin customers requesting home tours
Redfin analyzed pageviews and favorites on Redfin.com to compile the list of neighborhoods across the country it predicts will be the hottest to close out the year, topped by First Hill in Seattle.
New York remains the most walkable, Miami surpasses Philadelphia for fourth place.
The Redfin Housing Demand Index increased 9.2 percent from March to a seasonally adjusted level of 121 in April.
Last night, Redfin Builder Services, our full-service new construction sales and marketing team, held its second State of the Market event at Redfin HQ.
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