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New-Construction Home Listings Drop 4% in August, Reversing Course from July’s Rebound

SEATTLE (MO.Properties) – (NASDAQ: RDFN) — New Listings of newly-built homes dropped 4.1% year over year to a seasonally-adjusted rate of 74,000 in August, reversing course after a 3.8% gain in July, according to a new report from Redfin (www.redfin.com). Meanwhile, new listings of existing homes grew 5.2%. “There’s plenty

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New-Construction Home Listings Drop 4% in August, Reversing Course from July’s Rebound

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