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REALTORS® Confidence Index

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Cover of the REALTORS® Confidence Index report

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

  • First-time buyers represented 28% of buyers, up slightly from 27% in September 2023 and unchanged from October 2022.
  • 66% of respondents reported that properties sold in less than one month. This is down slightly from 69% a month ago and up slightly from 64% in October 2022.
  • 29% of buyers had all-cash sales, unchanged from 29% last month and up from 26% last year.
  • With supply still limited relative to demand, 28% of homes sold above list price, up from 26% last month and up from 24% a year ago.

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.

Historical REALTORS® Confidence Index data can be obtained through the REALTOR® Store.

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