Homebuyer Demand Cools Further Heading into August

Each month, Redfin captures homebuyer demand by tracking the number of home tours requested and offers made by its customers across the country. Since peaking April, Redfin customers touring homes and making offers has been on a steady decline, further indication that the overall housing market is cooling.

Chart of home tour requests by Redfin customers in 2012 and 2013 through July

For the full report including data tables, charts, and a downloadable spreadsheet with historic data, visit the Real-Time Demand Pulse in Redfin’s Research Center.