Showing activity across the U.S. increased 4.6 percent year-over-year in April, according to the ShowingTime Showing Index®, as buyer demand continues to rise throughout most of the country.
The South region experienced the highest regional year-over-year increase for the second consecutive month, jumping 9.3 percent, while the Northeast (4.9 percent) and Midwest (4 percent) regions also saw a rise in showing activity. Activity in the West region dropped 8.3 percent compared to April 2017, marking the region’s third consecutive year-over-year monthly decrease.
ShowingTime Chief Analytics Officer Daniil Cherkasskiy says the near-record level of showing activity across the country indicates high consumer demand remains despite rising home prices.
“Overall, we continue to see record levels of activity across the U.S.,” says Cherkasskiy “Showing activity only declined in the West region, while other regions throughout the country have consistently experienced increased demand.”
The ShowingTime Showing Index is compiled using data from property showings scheduled across the country on listings using ShowingTime products and services, which facilitate more than 4 million showings each month. The Showing Index tracks the average number of appointments received on an active listing during the month. Local MLS indices are also available for select markets and are distributed to MLS and association leadership.
For more information, please visit www.showingtime.com/index.
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