· The National Association of REALTORS® surveyed their members for the release of their Confidence Index.
· The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices, and market conditions.
· Homes across the country are selling quickly, in an average of just 31 days.
· 49% of homes sold in less than a month.