Curious about the housing market? Find out the latest trends in real estate with the Real Estate HEAT Index for April 2019 from Five Star Professional.
The Real Estate HEAT (Housing Experts Anticipating Trends) Index is a monthly leading indicator of nearly 40 housing markets in the U.S.
Five Star Professional partners with thousands of real estate agents who complete a weekly survey about the conditions they are observing in their marketplace.
The HEAT Index has a midpoint of 50, this means the market is neither hot nor cold.
A higher Real Estate HEAT index is correlated with:
• Rising buyer traffic
• A seller’s market
• Rising home prices