ShowingTime Showing Index®
A Leading Indicator of Current and Future Demand Trends in the Real Estate Industry
The latest ShowingTime Showing Index® found that Northeast Region buyer traffic continues to see modest improvement as demand in other areas remains sluggish, consistent with seasonal patterns.
The June Showing Index saw a 1.8 year-over-year drop in showing activity nationwide, falling for the 11th consecutive month.
The Northeast saw a 0.9 percent boost in activity last month, the second straight month of growth in home buyer traffic.
The West Region of the U.S. again had the largest showing traffic drop of all regions in June, recording an 5.8 percent fall year over year, the smallest such drop in the region since May 2018.
The Midwest Region followed, with an 3.9 percent fall in reported showing activity, while the South Region saw a drop of 1.5 percent.
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®