Redfin stock forecast recent housing data shapes Redfin stock

Recent housing data shapes Redfin stock forecast toward a slow recovery phase, especially if refinancing activity increases. Many hedge funds added RDFN positions as part of a broader real estate tech thematic play. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. The latest announcement is out from Redfin ( (RDFN) ). Market chatter indicates Redfin stock forecast may outperform peers due to tech-driven platform engagement. Resistance is marked at $9.25 with bullish momentum likely if Q3 earnings exceed $250M.