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- Foot traffic provides a strong indication of future home sales. SentriLock, LLC. provides NAR Research with monthly data on the number of showings.
- Foot traffic fell roughly 18% over the 12-month period ending in April in the area covered by the IRES Regional MLS (Boulder). April was the 3rd consecutive month of falling year-over-year foot traffic.
- Tight inventories and rising prices contributed to limit growth in foot traffic at a time when buyer interest is peaking due to record low mortgage rates and steady job growth.
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