Mobility - July 2020 - 28

Market Conditions and Expectations
* The REALTORS® Buyer Traffic Index registered at 30 (63 in April 2019).

The

Numbers
National Association of
REALTORS®-REALTORS®
Confidence Index Survey
The National Association of REALTORS® (NAR)
REALTORS® Confidence Index (RCI) Survey gathers monthly
information about U.S. local real estate market conditions,
characteristics of buyers and sellers, and issues affecting
homeownership and real estate transactions. Respondents
report on the characteristics of their most recent sale for the
month. The data here is excerpted from key results about
market transactions from the April 2020 online survey,
which ran from 4 to 12 April and compiles results from
4,964 respondents. See the full report at www.nar.realtor/sites/
default/files/documents/2020-04-realtors-confidenceindex-05-21-2020.pdf.

Copyright ©2020 REALTORS® Confidence Index
Survey, April 2020. NATIONAL ASSOCIATION
OF REALTORS®. All rights reserved. Reprinted
with permission. 4 June 2020, www.nar.realtor/
sites/default/files/documents/2020-04-realtorsconfidence-index-05-21-2020.pdf.

28 Mobility | July 2020

* The REALTORS® Seller Traffic Index registered at 20 (47 in April 2019).
* Properties were typically on the market for 27
days (24 days in April 2019).
* 50% of respondents reported higher home
prices in April 2020 compared to levels one
year earlier (63% in April 2019); 27% reported
stable prices (19% in April 2019), and 23%
reported lower prices (18% in April 2019).
* 74% of respondents expect stable or higher
home prices in the next 12 months (60% in
March 2020 survey), and 26% expect lower
prices (40% in March 2020 survey). On average, respondents expect prices to increase by
1% in the next 12 months (decrease by 1% in
the March 2020 survey).
* 17% of properties sold at a premium (15% in
April 2019), and 54% sold at a net discount
(61% in April 2019).

Distribution of Price Change
From a Year Ago
Higher

50%

Lower

23%

Unchanged

27%


http://www.nar.realtor/sites/default/files/documents/2020-04-realtors-confidence-index-05-21-2020.pdf http://www.nar.realtor/sites/default/files/documents/2020-04-realtors-confidence-index-05-21-2020.pdf https://www.nar.realtor/sites/default/files/documents/2020-04-realtors-confidence-index-05-21-2020.pdf https://www.nar.realtor/sites/default/files/documents/2020-04-realtors-confidence-index-05-21-2020.pdf

Mobility - July 2020

Table of Contents for the Digital Edition of Mobility - July 2020

Mobility - July 2020 - Cover1
Mobility - July 2020 - Cover2
Mobility - July 2020 - 1
Mobility - July 2020 - 2
Mobility - July 2020 - 3
Mobility - July 2020 - 4
Mobility - July 2020 - 5
Mobility - July 2020 - 6
Mobility - July 2020 - 7
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Mobility - July 2020 - 46
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Mobility - July 2020 - 58
Mobility - July 2020 - 59
Mobility - July 2020 - 60
Mobility - July 2020 - 61
Mobility - July 2020 - 62
Mobility - July 2020 - Cover3
Mobility - July 2020 - Cover4
https://www.nxtbook.com/ygsreprints/WERC/mobility_092020
https://www.nxtbook.com/ygsreprints/WERC/mobility_082020
https://www.nxtbook.com/ygsreprints/WERC/mobility_072020
https://www.nxtbook.com/ygsreprints/WERC/mobility_062020
https://www.nxtbook.com/ygsreprints/WERC/mobility_052020
https://www.nxtbook.com/ygsreprints/WERC/mobility_042020
https://www.nxtbook.com/ygsreprints/WERC/mobility_032020
https://www.nxtbook.com/ygsreprints/WERC/mobility_022020
https://www.nxtbook.com/ygsreprints/WERC/mobility_012020
https://www.nxtbook.com/ygsreprints/WERC/mobility_122019
https://www.nxtbook.com/ygsreprints/WERC/mobility_112019
https://www.nxtbook.com/ygsreprints/WERC/mobility_102019
https://www.nxtbook.com/ygsreprints/WERC/mobility_092019
https://www.nxtbook.com/ygsreprints/WERC/mobility_082019
https://www.nxtbook.com/ygsreprints/WERC/mobility_072019
https://www.nxtbook.com/ygsreprints/WERC/mobility_062019
https://www.nxtbook.com/ygsreprints/WERC/mobility_052019
https://www.nxtbook.com/ygsreprints/WERC/mobility_042019
https://www.nxtbook.com/ygsreprints/WERC/mobility_032019
https://www.nxtbook.com/ygsreprints/WERC/mobility_022019
https://www.nxtbook.com/ygsreprints/WERC/mobility_012019
https://www.nxtbookmedia.com