Q4 2013 Broker Confidence Index

The Real Estate Board of New York’s Overall Broker Confidence Index for the Fourth Quarter of 2013 increased from the Third Quarter of 2013, marking the first increase in confidence that we have seen in 2013. Overall expectations for the future also increased, with both residential and commercial brokers indicating that they are optimistic about the real estate and financing market for the first half of 2014, mostly due to the increasing health of the economy.