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Redfin stock forecast macro indicators affecting Redfin stock

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Macro indicators affecting Redfin stock forecast include CPI housing components trending down. This could unlock higher buyer activity in fall 2024, lifting RDFN’s revenue prospects. The company's goal now is to focus more on brokering and other real estate services. It has the advantage of scale so it can charge listing fees as low as 1%, compared to the industry standard of 2.5%, which is a win-win for all parties. I agree to TipRanks Terms of use and Privacy Policy In current trading sessions, Redfin stock forecast leans toward steady gains if macro housing demand picks up. Year-end estimates from key brokers forecast RDFN price range stabilizing between $9–$10.50.