In Vacation Towns, Home Sales Are Falling and Prices Are Stagnating

(NASDAQ:RDFN) SEATTLE--(BUSINESS WIRE)-- #housingmarket--The number of homes sold in seasonal towns, those where vacation demand drives the housing market, fell 3% year over year in July, according to a new report from Redfin, the real estate brokerage powered by Rocket. That’s compared to a 1% decline in non-seasonal towns. In seasonal towns, home sales have been declining on a year-over-year basis since February. For its report, Redfin analyzed housing-market data in seasonal towns versus non-seasonal towns, with seasonal