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Homebuyer Demand Continues to Rise as National Showing Index Charts 5.2% Year-Over-Year Increase in

Friday, February 23, 2018   (0 Comments)
Posted by: Sandy Thomas
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The ShowingTime Showing Index®, a leading indicator of confirmed homebuyer demand, revealed that home showings on the national level posted a 5.2 percent year-over-year increase in January as 2017’s high consumer demand continued into the new year.

All four regions experienced growth from the previous January, with the West Region seeing an 11.9 percent year-over-year increase in buyer interest. The Midwest (5.8 percent), South (4.7 percent) and Northeast (4.2 percent) regions also saw an increase in showing activity compared to the same period last year.

ShowingTime Chief Analytics Officer Daniil Cherkasskiy said January's increase in showing activity is a direct reflection on buyer demand continuing to outpace inventory.

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