Housing Market News

Redfin Housing Demand Index Remains Flat For Third Consecutive Month in July

Homebuyer demand posts biggest year-over-year decline in more than two years as inventory pressures subside The Redfin Housing Demand Index remained roughly unchanged at 120.3 for the third consecutive month in July as inventory declines continued to moderate , allowing buyers to be more selective. Compared with June, 1.1 percent fewer people requested home tours, […]

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New Construction Home Prices Increased 3.2% in Second Quarter

Second-quarter 2018 new construction metrics compared to second quarter 2017: 22.3% of newly built homes sold above their list price, down from 24.8%. For the past seven quarters, the percentage of new construction homes that sold above list has been declining. For existing homes, the percentage sold above list has been increasing over the same

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