Economists' Outlook

Housing stats and analysis from NAR's research experts.

Foot Traffic: Clatsop Association of REALTORS® MLS, Inc. (Gearhart, OR)

  • Foot traffic and future home sales have a strong correlation. SentriLock, LLC. provides NAR Research with monthly data on the number of showings.
  • Other than a sharp 31% increase in the 12-month change of foot traffic during August, foot traffic has been flat or modestly stronger through most of 2012 in the area covered by the Clatsop Association of REALTORS® MLS, Inc. (Gearhart, OR).
  • The 12-month difference in foot traffic for this coastal town eased slightly in September and is roughly what it was in September of 2011. Low mortgage rates and modest price appreciation is drawing more potential buyers into the market as confidence grows.

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