Homebuyers expect fall prices to rise

By Lorraine Woellert | Forbes

House hunters shrugged off stock market volatility and unsteady overseas economies in August, pushing the Redfin Housing Demand Index up up 9.6 percent to 103 from 94 a year ago. The number of Redfin customers touring homes held steady from July to August, but fewer people made offers to buy.

Last month we forecast that prices would rise 5.3 percent in September and sales would increase 10 percent. In October, we expect prices to rise 5.1 percent from a year ago and sales to increase 7.9 percent

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October 5, 2015

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