Housing demand sees biggest drop in more than 2 years
Housing demand fell 9.6 percent in June, compared with June of 2017, according to a monthly index from Redfin. While supply declined overall, Redfin noted a large increase in listings in some of the most supply-starved markets, which is where home prices have overheated most. Housing demand fell 9.6 percent in June, compared with June 2017, according to a monthly index from Redfin.