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December Home Showings Down Less Than Last Year at Same Time

dennis-norman-refinance-shorter-term-House buying activity always slows down in December and 2012 was no exception, however showings did not decrease as much as the year before, according to a report released by Redfin.  According to the report, home showings in December 2012 were down 7 percent from the month before while in December 2011 they were down 11.3 percent from the month before.  Buyers making offers on homes however was down more in December 2012 with a decrease of 17.5 percent from the month before while December 2011 saw a decline of just 10.5 percent in offers on homes from the month before.

December 2 through 29 vs. Five Weeks Prior 2011 2012
Home Tours -11.3% -7.0%
Home Offers -10.5% -17.5%
Source: Redfin