ShowingTime Showing Index®
A Leading Indicator of Current and Future Demand Trends in the Real Estate Industry
The latest ShowingTime Showing Index® recorded nationwide growth for the sixth consecutive month, with the reported increase in buyer foot traffic the largest in the history of the index.
The January Showing Index saw a 20.2 percent year-over-year increase in showing traffic nationwide, the sixth consecutive month of growth nationwide.
The West again saw the largest increase in buyer traffic, with a boost of 34.1 percent, the second consecutive month in which the region saw the greatest growth.
The South followed with a 21.6 percent increase, while the Northeast and Midwest jumped by 20.6 percent and 15.7 percent, respectively.
The ShowingTime Showing Index® tracks the average number of buyer showings on active residential properties on a monthly basis, a highly reliable leading indicator of current and future demand trends.
Our national and regional indices – seen as quadrants on a map of the United States above – are computed based on a representative sample of more than 100,000 listings from 25 local markets across the United States. Our methodology focuses on properties listed by agents subscribing to ShowingTime’s full appointment management solutions at the agent and office levels.
It includes all buyer showing appointments requested or logged across all ShowingTime systems including ShowingTime for the MLS, ShowingTime Front Desk and the ShowingTime Appointment Center.
We’re also developing localized versions of the Showing Index, which will be available in certain MLS markets.
“The best in the country in showing statistics.”
Lawrence Yun, Chief Economist, National Association of REALTORS®