Real estate practitioners surveyed for Point2 Technologies’ December Real Estate Confidence Index were a little less optimistic than they were in November, but still the index was in positive territory at 5.91 on a 1- to 10-point scale.
The index reached 6.03 in November, its highest since the company introduced the survey in June.
Point2 bases its survey results on about 1,200 responses from real estate professionals nationwide, most of whom are users of its syndication network.
Practitioners were particularly optimistic about the 12- to 18-month outlook, with 73.8 giving it a rating of 6 or higher.
Source: Inman News (01/08/2010)
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