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 second consecutive month, a first since December 2017 – January 2018.
The September Showing Index saw a 4.6 percent year-over-year increase in showing traffic nationwide, the second consecutive month of growth nationwide.
The West saw the largest increase in buyer traffic, with a boost of 8.9 percent. Until August, the region had experienced 18 consecutive months of flagging home buyer traffic.
The South followed with a 6.4 percent increase, with the Northeast’s 5.6 percent jump in buyer activity not far behind. The Midwest’s more modest 0.8 percent year-over-year growth rounded out the nation’s promising month.
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®