Mass. Realtor Market Index Down again in September

Today we issued the results of the Massachusetts REALTOR® Market Index (RMI) and Price Index (RPI).  For the 4th straight month the RMI was down compared to the month before.  While the RPI was also down for the 3rd straight month, it was up from August.

The September “hot topic” question asked REALTORS® about the amount of change in the number of agents in their offices compared to the same time last year.

The members who answered the survey continue to be uncertain about the market.

Click here to read the release

Release Highlights:

  • REALTOR® Market Index was 19.39. Down 51% from same time last year
  • REALTOR® Market Index was down 3% from August
  • REALTOR® Price Index was 48.89.  Down 12.6% from same time last year
  • REALTOR® Price Index was up 2% from August

As always, we love to hear what you are seeing in the market.  What are your clients feeling?  Let us know.