REALTORS® Confidence Index
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The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices and market conditions. In addition, the "Questions of the Month," feature results of a timely aspect of the housing market.
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.
This month, we are introducing a new design of the REALTORS® Confidence Index (RCI) survey report. We have redesigned our layout and visualizations. The monthly data points included in the report have stayed the same.
- First-time buyers accounted for 29 percent of sales (34 percent in September 2016).
- Cash sales made up 20 percent of sales (21 percent in September 2016).
- REALTORS® reported “low inventory” as the major issue affecting transactions in September 2017. REALTORS® also reported concerns regarding the hurricanes’ impact in Texas and Florida.