Curious about the housing market? Find out the latest trends in real estate with the Real Estate HEAT Index for December 2019.
The Real Estate HEAT (Housing Experts Anticipating Trends) Index is a monthly leading indicator of nearly 40 housing markets in the U.S.
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