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24% of Americans are Scrapping Plans to Make a Major Purchase Like a Home or Car Due to Tariffs: Redfin Survey

1. 24% of U.S. residents cancel major purchases due to tariff policies. 2. 32% are delaying major purchases, indicating a potential slowdown in real estate.

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FAQ

Why Bearish?

The survey indicates consumer hesitation, which could lead to reduced real estate transactions, historically impacting companies like RDFN negatively during downturns.

How important is it?

The data reveals significant consumer fear about spending, directly impacting RDFN's core business in real estate transactions.

Why Short Term?

Consumer sentiment shifts often affect purchasing decisions quickly; this could lead to immediate drops in sales volume for RDFN.

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SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Nearly one in four (24%) U.S. residents are canceling plans to make a major purchase, such as a home or a car, because of President Trump's new tariff policies, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. An additional one in three (32%) are delaying plans to make a major purchase. That's according to a Redfin-commissioned survey conducted by Ipsos between April 10-14, 2025. The nationally repre.

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