Economists' Outlook

Housing stats and analysis from NAR's research experts.

REALTORS® Confidence Index Declines in September

The REALTORS® Confidence Index (RCI), an indicator of expectations about the real estate market, slid down again in September. However, confidence about market conditions still remains high relative to the past five years.

What does this mean for REALTORS®? Concern about a possible over-heated housing bubble appear to be misplaced. The economic impact of government fiscal tightening, along with other factors slowing the economy suggests a continued orderly recovery and expansion of the housing markets around the country. All real estate is local—so market experiences will vary. However, overall current expectations currently reflect a modest economic expansion accompanied by relatively normal housing markets.

To view this month's full RCI report, visit: http://www.realtor.org/reports/realtors-confidence-index

Notice: The information on this page may not be current. The archive is a collection of content previously published on one or more NAR web properties. Archive pages are not updated and may no longer be accurate. Users must independently verify the accuracy and currency of the information found here. The National Association of REALTORS® disclaims all liability for any loss or injury resulting from the use of the information or data found on this page.

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