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- Foot traffic can provide great insight into the direction of future home sales. SentriLock, LLC. provides NAR Research with monthly data on the number of showings.
- Foot traffic in the area covered by the Paso Robles Board of REALTORS® (CA) declined by 13% in February of this year relative to the same month last year. This was the 4th consecutive year-over-year decline.
- However, foot traffic from a year earlier was atypically strong, while current levels remain robust relative to the strong, tax-induced levels from the spring of 2010.
- For more information on this data and its use, see the economist’s commentary, “Foot Traffic - Getting a Step Ahead”.
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