Thursday, 28 October 2021 | The Latest Buzz for the Appraisal Industry

Home Tours, Offers and Pending Sales Show ‘A Clear Slowdown From a Few Weeks Ago’

Although competition continues to drive up home prices, but home tours, offers and pending sales have slowed, according to a new report from Redfin.

New listings – a key lever for home sales growth – have held up better than pending sales and are inching up increasingly close to 2019 levels.

“Offers no longer pour in the day a home hits the market,” says Phoenix Redfin real estate agent John Biddle. “It has become



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