Homebuyer demand falls in July
Tours drop 3.5%, offers dip 11%
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.