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Redfin Housing Demand Index unchanged for fourth month (access required)

The Redfin Housing Demand Index has remained roughly unchanged for the past four months, inching up 0.3 percent from July to 125.2 in August, according to Redfin (www.redfin.com), the next-generation real estate brokerage. Redfin has reported an increase in price drops and softening demand in previously hot markets, which point to an environment enabling homebuyers to be ...

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