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Foot traffic can give a strong indication of future home sales. SentriLock, LLC. provides NAR Research with monthly data on the number of showings.
- The 12-month gap in foot traffic expanded in February relative to January in the area covered by the Kankakee County Association of REALTORS®.
- This wedge was partially due to strong, tax-credit driven foot traffic in 2010, but sales in February of 2011 were low relative to the prior month as well.
- For more information on this data and its use, see the economist’s commentary, “Foot Traffic - Getting a Step Ahead”.
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