The HousingIQ/Kentucky REALTORS® Confidence Index is a
composite measure that captures Kentucky REALTOR®
expectations about the housing market over the next twelve months. It
is derived from three sub-indices – Price Expectation Index, Buyer
Power Index, and Homeowner Stress Index. A value of 50 corresponds to respondents anticipating no change in market conditions over the next twelve months. A value of 100 corresponds to all respondents agreeing that market conditions will improve.
The Price Expectation Index reflects respondents’ perception of future home price trends. The Buyer Power Index gauges the balance of bargaining power between buyers and sellers. Derived from questions
that measure the anticipated change in distressed sales,
delinquencies, etc., the Homeowner Stress index measures the
the unfavorable financial situation of homeowners.
The HousingIQ Survey of Kentucky REALTORS® is administered monthly to the Kentucky REALTORS® membership. The responses are analyzed and reported as the HousingIQ/Kentucky REALTORS® Confidence Index. The Survey is sponsored by Kentucky REALTORS® as part of its mission to educate and inform the public about Kentucky’s Housing Market. Founded in 1922, Kentucky REALTORS® represents over 12,000 REALTORS® who are involved in all aspects of real estate. For additional information, visit kyrealtors.com.