Q2 2014 Broker Confidence Index

The Real Estate Board of New York’s Real Estate Broker Confidence Index for the second quarter of 2014 showed that broker’s confidence decreased slightly compared to last quarter, from 9.21 to 8.88.  This slight dip was the result of their lower confidence in the real estate market in the future, six months from now.  Despite this dip, the Real Estate Broker Confidence Index is virtually unchanged compared to the same period last year.