One leading indicator of real estate market activity is the number of property showings requested through ShowingTime’s online facilities.
The number of showing requests at 40 large brokers throughout the country declined month-over-month in November, as it does every year at this time, and was flat on a year-over-year basis.
Here’s ShowingTime’s positive spin on the recent numbers:
In the past months, the year-over-year trend has been downward so it is encouraging to see that November was flat compared to last year. Home sales in the past quarter (shown in green) were still declining compared to last year.
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