The nSkope Predictive Analytics Report highlights an impressive finding from the first half of 2023. An analysis of nSkope’s January-April listings predictions showed that 35% of all predicted listings had been converted into actual listings throughout July. This amounted to a whopping 301,314 properties. In particular, families with children under 24 living in the home were among the highest groups taking advantage of this trend.
Additionally, the study looked into 360 MSAs (Metropolitan Statistical Areas) throughout the US. Those located in the Southeast region reflected the most listings from January-April. But the Midwest region led the way in listings that were converted from predicted listings to actual listings. Once again, families with children under the age of 24 were recorded to be the highest group taking advantage of this process.
In short, the report yielded remarkable findings from the first half of 2023, particularly among families with children under 24 living in the home.
Main Points:
• The nSkope Predictive Analytics Report revealed 35% of all predicted listings through July were converted into actual listings, amounting to 301,314 properties
• Families with children under 24 living in the home were among the highest groups taking advantage of this trend
• The study reviewed 360 MSAs in the US, with the Southeast region reflecting the highest listings from January-April and the Midwest region leading the way in listings converted from predicted to actual
• Families with children under 24 living in the home again recorded as the highest group taking advantage of this process.
You can read this full article at: https://www.housingwire.com/articles/real-estate-has-turned-in-to-a-lifestyle-driven-market-nskope-report/(subscription required)
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