Confidence about current market conditions was essentially unchanged from October to November. The index for single family sales registered at 59 (58 in October) . The indexes for townhouses/duplexes was at 42 while the index for condominiums stayed at 38. An index of 50 marks “moderate” conditions.
However, REALTORS® appear to be more confident about the outlook for the next 6 months, but this appears to be tied to the seasonal upswing in the spring.