{"id":2017,"date":"2018-05-04T18:07:00","date_gmt":"2018-05-04T18:07:00","guid":{"rendered":"https:\/\/preprod.realtrends.com\/blog\/2018\/05\/04\/buyer-demand-remains-strong-showingtime\/"},"modified":"2025-03-13T02:36:08","modified_gmt":"2025-03-13T02:36:08","slug":"buyer-demand-remains-strong-showingtime","status":"publish","type":"post","link":"https:\/\/preprod.realtrends.com\/blog\/2018\/05\/04\/buyer-demand-remains-strong-showingtime\/","title":{"rendered":"BUYER DEMAND REMAINS STRONG AS SHOWINGTIME SHOWING INDEX\u00ae REACHES HISTORIC HIGH"},"content":{"rendered":"

ShowingTime\u2019s National Showing Index exhibits 5.7 percent year-over-year increase as demand exceeds inventory<\/i><\/span><\/strong><\/p>\n

<\/p>\n

Key Points:<\/p>\n

\u2022 Despite a lack of inventory, buyer activity rose to its highest level since the inception of the ShowingTime Showing Index\u00ae<\/sup><\/strong><\/p>\n

\u2022 South (8.2 percent) posts highest regional increase, while Midwest recovers from slight February decline to exhibit 6.8 percent gain<\/strong><\/p>\n

\u2022 Northeast (4.7 percent) maintains upward trend, while West (-1.4 percent) declines for second consecutive month<\/strong><\/p>\n

\u2022 ShowingTime combines showing data with findings from its MarketStats division to provide a set of benchmarks that track demand for active listings throughout the country<\/strong><\/p>\n

Showing activity across the U.S. increased 5.7 percent in March to reach its highest point in the four years the ShowingTime Showing Index\u00ae<\/sup> has documented buyer demand<\/a>, highlighting how the lack of housing inventory continues to impact the residential real estate industry.<\/p>\n

The South and Midwest regions outpaced the nationwide increase, with the South Region posting a regional-high 8.2 percent year-over-year increase. The Midwest Region exhibited a 6.8 percent jump in showing activity, recovering from a slight decline in February.<\/p>\n

READ MORE: Download the May Newsletter <\/a><\/p>\n

Buyer demand also increased 4.7 percent in the Northeast Region, while the West Region (-1.4 percent) saw a slight year-over-year decline for the second consecutive month.<\/p>\n

ShowingTime Chief Analytics Officer Daniil Cherkasskiy said unprecedented low inventory and the start of the historically busy spring season contributed to the Showing Index reaching a record high. The Showing Index was established in April 2017 but tracks residential real estate demand since January 2014.<\/p>\n

\n

\u201cThe trend of increased showing activity has continued, and we\u2019ve now reached an all-time high since the initial index value was set,\u201d<\/p>\n<\/blockquote>\n

Cherkasskiy said. \u201cThe unprecedented low housing inventory has resulted in more demand per listing throughout the country.\u201d<\/p>\n

The ShowingTime Showing Index, the first of its kind in the residential real estate industry, 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.<\/p>\n

The Showing Index, released the third week of each month, 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.<\/p>\n

To view the full report, visit www.showingtime.com\/index.<\/strong><\/p>\n

About ShowingTime<\/strong><\/p>\n

ShowingTime is the leading showing management and market analytics provider to the residential real estate industry. Its MarketStats division provides interactive tools and easy-to-read market reports for MLSs, associations, brokers, agents and other real estate companies. ShowingTime products are used in more than 250 MLSs and associations representing more than 900,000 real estate professionals across the U.S. and Canada.<\/p>\n","protected":false},"excerpt":{"rendered":"

ShowingTime\u2019s National Showing Index exhibits 5.7 percent year-over-year increase as demand exceeds inventory<\/p>\n","protected":false},"author":15802,"featured_media":4822,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3255],"tags":[],"coauthors":[],"class_list":["post-2017","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-archive"],"acf":[],"yoast_head":"\nBUYER DEMAND REMAINS STRONG AS SHOWINGTIME SHOWING INDEX\u00ae REACHES HISTORIC HIGH<\/title>\n<meta name=\"description\" content=\"Buyer Demand Strong As ShowingTime Showing Index Reaches High ShowingTime\u2019s National Showing Index exhibits 5.7 percent year-over-year increase\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/preprod.realtrends.com\/blog\/2018\/05\/04\/buyer-demand-remains-strong-showingtime\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BUYER DEMAND REMAINS STRONG AS SHOWINGTIME SHOWING INDEX\u00ae REACHES HISTORIC HIGH\" \/>\n<meta property=\"og:description\" content=\"Buyer Demand Strong As ShowingTime Showing Index Reaches High ShowingTime\u2019s National Showing Index exhibits 5.7 percent year-over-year increase\" \/>\n<meta property=\"og:url\" content=\"https:\/\/preprod.realtrends.com\/blog\/2018\/05\/04\/buyer-demand-remains-strong-showingtime\/\" \/>\n<meta property=\"og:site_name\" content=\"RealTrends - 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