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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 in the area covered by the Pacific Southwest Association of REALTORS® (San Diego County, CA) has been stronger than a year earlier in every month since February.
- This trend is a surprise for March, and April given the $8,000 take credit that was in effect last spring. This year’s steady demand is important for price stability and growth.
- For more information on this data and its use, see the economist’s commentary, “Foot Traffic - Getting a Step Ahead”.
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