ShowingTime Showing Index®
A Leading Indicator of Current and Future Demand Trends in the Real Estate Industry
The May ShowingTime Showing Index® recorded a nationwide jump in showing traffic for the first time since February, as all four regions saw year-over-year boosts in activity following pandemic-induced drops. For a look at daily showing data, click here.
The May Showing Index reported a 21.4 percent jump in nationwide showing traffic year over year, the first boost since before the COVID-19 pandemic took shape.
The South Region saw the greatest uptick in activity, with a 23.2 percent growth in traffic year over year. The Midwest followed close behind with a 20.1 percent increase, while the Northeast and West both saw 19.6 percent boosts in home buyer traffic.
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®