With strong buyer demand and tight inventory, 83 percent of REALTORS® reported constant or rising prices in the February REALTORS® Confidence Index (RCI) Survey. The survey also showed that among the respondents: – About 16 percent reported a … [Read more...]
Demand for Properties Continued to Expand Faster than Supply
Buyer demand for residential homes continued to outpace supply in February. The Buyer Traffic Index rose to 64 while the Seller Traffic Index essentially stayed at 39 based on information in the February REALTORS® Confidence Index (RCI) Survey. In … [Read more...]
Increasing REALTOR® Optimism Sustained in February
Confidence about current market conditions and in the outlook for the next six months rose in February based on information gathered in the February REALTORS® Confidence Index (RCI) Survey (http://www.realtor.org/reports/realtors-confidence-index). … [Read more...]
REALTORS® Confidence Index: REALTOR® Comments
REALTORS® frequently provide comments in their responses to the monthly REALTORS® Confidence Index survey. The January responses in general were upbeat, focused on the ongoing recovery of the residential real estate markets. However, there continue … [Read more...]
State Median Price Expectation for Next 12 Months
REALTORS® generally expect to see improving prices for the next 12 months, according to the January REALTORS® Confidence Index. The graph below shows the state median price expectation of respondents to the January 2013 survey. Several states in the … [Read more...]
Demand for Properties Expanding Faster than Supply
Based on responses to the January RCI survey, the Buyer Traffic Index rose to 63, while the Seller Traffic Index continued to register at 38 in January. In many areas of the country, REALTORS® reported low inventory levels. Tight inventory … [Read more...]
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