"Seller traffic" refers to the number of potential customers who visit or are directed to a seller's online or physical store. It represents the amount of people showing interest in the products or services offered by the seller.
Full definition
However, confidence
in seller traffic remains unchanged, suggesting practitioners see inventories remaining tight.
Solid conditions for home sales are expected in the months ahead, with practitioner confidence in buyer traffic ticking up slightly and
seller traffic remaining virtually unchanged from conditions in early 2005.
The outlook
for seller traffic is expected to rise in the months ahead, while buyer traffic is expected to ease.
Inventory shortages continue to be a problem, with buyer traffic remaining significantly
above seller traffic.
Seller traffic looks particularly good, with expectations jumping seven percentage points over the previous month.
A slight increase in
seller traffic against a drop on the buyer side suggests the beginning of a shift away from the strong seller's market.
Buyer traffic will be up, they believe,
while seller traffic will be down, which would help ease inventory buildup.
Confidence
in seller traffic is up, but practitioners aren't showing the same level of confidence in business over the next six months.
Their latest edition sheds some light on the relationship
between Seller Traffic (supply) and Buyer Traffic... Read More
Expectations of strong buyer activity continue to rise, but views
on seller traffic are leveling off.
Practitioners expect to see sales cool in terms of both buyer and
seller traffic over the next six months as summer gives way to fall.
Practitioners
expect seller traffic to ease more than buyer traffic, suggesting continued tight inventories.
Sizable upswings in expectations for both buyer and
seller traffic point to confidence that the spring selling season could be robust relative to the last few years.
In addition to revealing high demand, the index also shows that compared to conditions in the same month last year,
seller traffic conditions were «weak» in 22 states, «stable» in 25 states, and «strong» in only 4 states (Alaska, Nevada, North Dakota & Utah).
As per the REALTORS
® Seller Traffic Index, the number of houses for sale will be insufficient to meet demand.
The majority of real estate professions said buyer traffic in their market this summer was «strong» or «very strong,» while most
described seller traffic as «weak.»
Practitioners expect buyer traffic to slow
while seller traffic remains robust, potentially setting up an imbalance between supply and demand.
«Buyer interest remains solid, as evidenced by a separate Realtor ® survey which shows that buyer foot traffic is easily
outpacing seller traffic.»
Their latest edition sheds some light on the relationship
between Seller Traffic (supply) and Buyer Traffic -LSB-...]
Confidence
in seller traffic in the months ahead rose significantly in May, suggesting practitioners see inventory crunches easing over the next six months.
Realtors were also more confident about buyer and
seller traffic.
Realtors were also more confident about buyer and
seller traffic.
Seller traffic is expected to pick up in the months ahead, which would help grow inventories and hold down prices, enhancing affordability.
The one bright spot is
seller traffic, which practitioners believe will strengthen.
Practitioners see an ongoing easing in activity over the next six months, led by a considerable slowdown in
seller traffic.
Confidence in
seller traffic is weakest, showing no gain from last month.
Practitioner confidence in
seller traffic is down, though.
Practitioners are a bit gloomier about buyer traffic than
seller traffic, but overall changes from the prior month are slight.
Both buyer traffic and
seller traffic are expected to grow.
Buyer and
seller traffic, current conditions, six - month expectations, and time on market derive from a monthly REALTOR ® Confidence Index.
Members expect buyer and
seller traffic to increase over the next six months, NAR's May business confidence survey shows.
As you can see from the map below, 25 states reported «weak»
seller traffic, 21 states reported «stable» seller traffic, 3 states and Washington D.C. reported «strong» seller traffic, and only 1 state reported «very strong» seller traffic.
«Buyer traffic is continuing to pick up, while
seller traffic is holding steady,» he says.
Sellers outpace buyers Sales are expected to continue to ease, with buyer traffic cooling at a rate greater than
seller traffic.
However, buyer traffic is still well above the moderate level, but
seller traffic is flat, according to the NAR survey.
The outlook for
seller traffic was statistically stable compared with July, and the outlook for buyer traffic fell modestly.
Seller traffic is expected to stay strong, which would help loosen inventories of homes for sale.
«Buyer traffic is continuing to pick up, while
seller traffic is holding steady,» Yun says.
In January, practitioners said they believed they would see improvements to both buyer and
seller traffic.