REALTORS® Confidence Index Report

REALTORS® Confidence Index

The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices and market conditions. In addition, the "Questions of the Month," feature results of a timely aspect of the housing market.

November Highlights:

The real estate market continues to recover both in terms of sales and price. Continued restrictive mortgage availability with tight underwriting standards is a problem, but REALTORS® report that loans are frequently available at smaller banks and credit unions. Making sure that appraisers are qualified and that appropriate comps are used are important. Finally, tight inventories are making markets increasingly competitive.

Download the RCI (PDF: 3.81 MB)