Economists' Outlook

Housing stats and analysis from NAR's research experts.

Foot Traffic: Memphis Area Association of REALTORS®

  • Foot traffic and future home sales have a strong correlation. SentriLock, LLC. provides NAR Research with monthly data on the number of showings.
  • Foot traffic in Memphis for January reversed course sharply from last month and was stronger than the same period in 2011.
  • In fact, foot traffic figures for January of 2012 were reminiscent of the strong, tax-induced figures seen in the spring of 2010.
  • For more information on this data and its use, see the economist’s commentary, “Foot Traffic - Getting a Step Ahead”.
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