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Foot Traffic: Minnesota

  • Foot traffic and future home sales have a strong correlation.  SentriLock, LLC. provides NAR Research with monthly data on the number of showings.
  • Since July, the 12-month change in foot traffic has seesawed back and forth between stronger months for 2010 and 2011 in Minnesota.
  • Foot traffic jumped at the end of the tax credit period in 2010, but has remained muted since.
  • For more information on this data and its use, see the economist’s commentary, “Foot Traffic – Getting a Step Ahead”.

Ken Fears, Director, Regional Economics and Housing Finance

Ken Fears is the Manager of Regional Economics and Housing Finance Policy. He focuses on regional and local market trends found in the Local Market Reports and the Market Watch Reports . He also writes on developments in the mortgage industry and foreclosures.

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