Homebuyer demand falls in July

Tours drop 3.5%, offers dip 11%

August 13, 2013 housingwire.com

Homebuyer demand took a step down in July, with the month posting fewer home tours and less home offers,Redfin’s Real-Time Demand Pulse report found.

July tours dipped 3.5% from June, compared to the same period a year ago when tours were up 3.15%.

Additionally, offers in July fell 11% from June, while offers were flat during the same time period in 2012.

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