Strong Market Drives Up Demand From Homebuyers
Posted by Lauren Perreault on Thursday, May 18, 2023 at 9:48:24 AM By Lauren Perreault / May 18, 2023 Comment
This year's spring real estate market has been unusually active. Despite affordability issues and a limited supply of homes for sale, buyer demand is strong and growing.
One way we know there are interested buyers right now is because showing traffic is up. Data from the latest ShowingTime Showing Index, which is a measure of buyers actively touring homes, makes it clear more people are out looking at homes than there were prior to the pandemic (see graph below):