U.S. Broker and Agent Forward-Looking Market Sentiment Declines in September According to Point2’s RECI Survey
Vancouver, BC - October 20, 2010 - Real estate broker and agent outlook for the United States market declined by 8.42 percent in September, versus August, on a seasonally adjusted basis. Continued weakness in confidence sent the U.S. Real Estate Confidence Index ("RECI") to its lowest level since Point2 (www.Point2.com) began to track real estate professionals' future expectations for the real estate market, in June 2009, Point2 announced today.