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Redfin Debuts New Housing Market Index Capturing U.S. Homebuyer Demand; Forecasts Future Home-Price and Sales Trends

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SEATTLE--(BUSINESS WIRE)--Redfin, the next-generation real estate brokerage, today announced that U.S. homebuyer demand, an early indicator of housing-market performance, was up 13 percent year over year in June. This is according to the Redfin Housing Demand Index, which debuted today at a level of 113, with a baseline of 100 starting in January 2013. Although June demand is up compared to last year, it’s a smaller increase than in previous months. In 2015, the Demand Index followed a similar

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