ShowingTime Showing Index®
A Leading Indicator of Current and Future Demand Trends in the Real Estate Industry
The latest ShowingTime Showing Index® revealed a nationwide decline in showing activity, beginning 2019 with a sixth consecutive month of diminished showing traffic.
The January U.S. Showing Index highlighted a nine percent year-over-year drop in showing activity, the sixth consecutive month that showing traffic fell nationwide.
The West Region of the U.S. again saw the largest showing traffic drop, recording an 18.8 percent decline year over year.
The Midwest Region saw the second largest regional drop, with a 12.4 percent fall in reported showing activity. Falling close behind, the South Region saw a drop of 11.5 percent, the fourth consecutive month that the region experienced a year-over-year decrease.
Rounding out the Showing Index’s regional assessment, the Northeast Region experienced a 2.4 percent year-over-year fall in showing activity, kicking 2019 off with a ninth straight month of foundering activity in the region.
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®