Business
Real’s February Agent Survey: Inventory Rises as Listing Times Lengthen
Transaction Growth and Agent Optimism Indexes Ease but Remain Near Recent Highs TORONTO & NEW YORK--(BUSINESS WIRE)-- The Real Brokerage Inc. (NASDAQ: REAX,
About this update from The Real Brokerage, Inc.
[{"type":"text","content":"\nTransaction Growth and Agent Optimism Indexes Ease but Remain Near Recent Highs\n\n TORONTO & NEW YORK--(BUSINESS WIRE)--\nThe Real Brokerage Inc. (NASDAQ: REAX, “Real”), a technology platform reshaping real estate for agents, home buyers and sellers, today released results from its February 2025 Agent Survey. The findings indicate that housing inventory is rising in many markets, leading to longer listing times and increased price reductions as sellers adjust expectations. Meanwhile, Real’s Agent Optimism and Transaction Growth indexes moderated in February, though remain elevated relative to last year.\n\n“Higher inventory levels are giving buyers more options and greater negotiating power, but affordability still remains the biggest hurdle in today’s market,” said Tamir Poleg, Chairman and CEO of Real. “While our Transaction Growth Index softened slightly from last month, the overall market continues to show signs of stabilization.”\n\n“As more homes come on to the market agents are advising sellers to set realistic price expectations and, in some cases, invest in upgrades to attract buyers,” said Sharran Srivatsaa, President of Real. “Sellers who overprice their homes are seeing longer days on market, while those who price more competitively or enhance their listings with staging and cosmetic improvements are securing more offers and faster sales.”\n\nKey Survey Findings: Market Trends and Insights\n\n\nTransaction Growth Index Slips Back into Contraction: Real’s Transaction Growth Index, which measures year-over-year changes in home sales activity as reported by agents, edged down to 49.1 in February, from 51.3 in January. A reading below 50 signals contraction, marking a return to declining transaction volumes after January’s expansionary reading.\n\n\nU.S. transaction activity softened according to agents, with the sub-index slipping to 49.4 in February from 50.2 in January.\n\n\nCanada saw a more pronounced decline, with the sub-index falling to 46.2 from 60.5 in January, its first contractionary reading since August 2024.\n\n\n\n\nAgent Optimism Index Eases but Remains Near Recent Highs: Real’s Agent Optimism Index, which tracks agent sentiment on local market conditions over the next 12 months, registered 70.4 in February, down from 74.0 in January, though still near historic highs. Forty-eight percent (48%) of agent...