Redfin Introduces New Housing Market Index
CRETECH
Redfin, which has become known throughout the real estate industry for its groundbreaking real estate brokerage services, has recently announced the debut of its Housing Demand Index. According to that Index, housing market performance has increased 13 percent year-over-year since June. The Index has a baseline of 100. Earlier in the year, the Housing Demand Index demonstrated a seasonal pattern, showing an increase between January and April. The Index is based on visits to Redfin.com listing pa…