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REALTORS® Confidence Index

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REALTORS® Confidence Index

The REALTORS® Confidence Index (RCI) survey gathers on-the-ground information from REALTORS® based on their real estate transactions in the month. This report presents key results about market transactions.

Highlights

  • On average, a home sold had five offers.

  • With little supply in the market, homes typically sold within 17 days (27 days one year ago), as buyer competition heats up.

  • The share of first-time buyers decreased to 31% (32% in the prior month, 36% one year ago).

  • The pandemic continues to impact how people live and work. The same share of buyers, at 85%, purchased a property in a suburban, small town, rural, or resort area (85% one year ago). Sixty percent of REALTORS® reported they had potential buyers looking for work-from-home features such as an extra room, a finished basement, or a bigger home.

Note: the REALTOR® Confidence Index is provided by NAR solely for use as a reference. Resale of any part of this data is prohibited without NAR's prior written consent.

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