REBNY Broker Confidence Indexes

Q3 2020 Broker Confidence Index

REBNY Press

October 20, 2020

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.