Buyer traffic index decreased 5.6 points in June from May. Home showings pulled back in June from one year ago, with an upside potential given low mortgage rates and strong job growth.
Every month SentriLock, LLC. provides NAR with data on the number of properties shown by a REALTOR®. SentriLock Lockboxes are used in roughly a third of home showings across the nation. Foot traffic has a strong correlation with future contracts and home sales, so it can be viewed as a peek ahead at sales trends two to three months into the future.