Economists' Outlook

Housing stats and analysis from NAR's research experts.

May 2020 Foot Traffic Report

Home showings in May 2020 were still below last year’s level, but activity picked up compared to April, according to data from SentriLock®, LLC, a lockbox company.

Home showings were down by 20% in May 2020 from one year ago, but this is a slower rate compared to the 50% year-over-year decline in home showings in April 2020.

The South region had the smallest year-over-year decline in showings, at 9%, while the Northeast region had the largest decline, at 46%.

The diffusion index stood at 6.8 in May 2020, with 6.8% of about 200 MLS boards reporting a year-over-year increase in showings with Sentrilock® lockboxes.

Line graph: Percent Change in Sentrilock Showings in May 2020 From One Year Ago
Line graph: Percent Change in Sentrilock Showings in May 2020 From One Year Ago by Region

Advertisement

Comment Policy

The opinions expressed in reader comments sections on this website are those of the reader and not NAR or REALTOR® Magazine.

About Economists' Outlook

Visit this blog daily to see what NAR experts are saying about the economy, the housing market, and other factors that will impact your business.

Housing Minute

Housing Minute is a monthly video series highlighting the latest housing data from the National Association of REALTORS® in a minute or less.