REBNY Broker Confidence Indexes

Q3 2020 Broker Confidence Index

REBNY Press

October 20, 2020

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In the third quarter of 2020, the present situation real estate broker confidence was 2.50 out of 10, a 1% increase since brokers were last surveyed in the second quarter of 2020 and a 61% decline since the same time last year. The survey results similarly indicated a decline in market sentiment six months from now, with an index at 3.51, a 10% decline from the first quarter of 2020 and a 36% decline since the same time last year.