Q4 2021 Broker Confidence Index

The residential Current Confidence Index (CCI) posted a minor dip from 56.29 to 50.63. The commercial CCI registered a sharper drop, falling from 36.11 to 17.89, its lowest mark since the first quarter of 2021. Both indexes fell for the second straight quarter. Most brokers remained optimistic about the six- month outlook. The residential Expectations Index (EXI) barely budged, ticking down from 45.88 to 42.85. Commercial brokers maintained their positive outlook, pushing the commercial Expectations Index up from 37.26 to 38.88. The index is still below the record mark of 52.50 attained in midyear 2021.