The April Real Estate Confidence Index (RECI) survey from Point2 Technologies showed that real estate brokers and agents across the U.S. share a forward-looking sentiment for improved market conditions, with uncertainty over the longer term weighing in on the Index.

The April RECI recorded a 5.82 (+0.87%) reading on the RECI scale, up from 5.77 in March (+2.49%). The scale rate options are 1- 10, with 1 being "bad" and 10 being "good" in terms of ranking confidence. This rise in confidence happened for the second month in a row, and April has seen the most positive feedback so far.

Other positive signs include more activity in higher price range properties in several states, a category almost completely bypassed in RECI respondent feedback since the Index debuted last summer.

Read more at RISMedia.

Posted in Education And Training

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