Every month SentriLock, LLC. provides NAR with data on the number of properties shown by a REALTOR®. SentriLock Lockboxes are used in roughly a third of home showings across the nation. Foot traffic has a strong correlation with future contracts and home sales, so it can be viewed as a peek ahead at sales trends two to three months into the future.
Foot Traffic dropped 2.6 points to 53.2 in August.
Foot traffic climbed 3.2 points to 55.8 mid-summer in July.
Foot Traffic is comparable to last month and only dropped 0.8 points to 51.6 in April 2018.
After an early winter downturn, the diffusion index for foot traffic rose in January.