Demand Continues to Outstrip Supply in Many States in September 2015

REALTORS® continue to report that buyer demand is outpacing supply in many states, according to the September 2015 REALTORS® Confidence Index survey report. An index above 50 suggests more respondents reporting “strong” than “weak” conditions.

In most states, the number of respondents who reported “strong” buyer traffic outnumbered those who reported “weak” buyer traffic, measured by the REALTORS^® Buyer Traffic Index. States with the strongest buyer traffic were Washington, Oregon, and Wyoming. Supply conditions, measured by the REALTORS^® Seller Traffic Index, remained broadly “weak” in many states, except in Montana, Wyoming, North Dakota, South Dakota, Texas, Alabama, and Maine.