ShowingTime Showing Index®
A Leading Indicator of Current and Future Demand Trends in the Real Estate Industry
April 2024
April showing traffic was down 19.4% year over year across the U.S according to the ShowingTime ShowingIndex. Year-over-year deficits were recorded across each region as buying conditions continue to impact potential homebuyers. For a look at daily showing data on a state/province level, click here.
-19.4%
United
States
-13.7%
Northeast Region
-21.2%
Midwest Region
-20.1%
South
Region
-21.5%
West
Region
Month over month, showing traffic declined 8.4% across the U.S in April compared to March as interest rates continue to impact buyers.
Most major metros saw a month-over-month decline in showings; however, Rochester, NY, Hartford, CT, and Bridgeport, CT, saw the greatest declines. Year-over-year, Augusta, GA, Corvallis, OR, and Lake Havasu, AZ, saw the greatest increases in showing traffic.
About
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®