Foot Traffic June 2015

published by NAR Research

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F       t Traffic
Every month SentriLock, LLC. provides NAR Research with data on the number of properties shown by a REALTOR®. Foot traffic has a strong correlation with future contracts and home sales, so it can be viewed as a peek ahead at sales trends one to two months into the future.
June 2015
While rising rates increased buyer urgency, strong employment gains in 2014 and improved pricing have created strong tailwinds for the market.
Foot traffic surged 10 points in June to reach its highest level since June of 2013.
This month’s reading suggest robust sales figures through the summer, but the next two readings will be a bellwether for the year.