REALTORS® Confidence Index Rises in August | Cross River NY Real Estate

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The REALTORS® Confidence Index (RCI) is an indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners.   Respondents indicate whether conditions are, or are expected to be “strong” (100 points), “moderate” (50 points), and “weak” (0 points). A score of 50 for the index is the threshold between “strong” and  “weak” conditions. The REALTORS® Confidence Indexes reflect current market conditions and expectations for the next six months for single family, townhouse, and condo markets.

The RCI indexes rose across all markets in August.
via economistsoutlook.blogs.realtor.org

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