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Stock impact report

Real October Agent Survey Highlights Growing Optimism Despite Rising Mortgage Rates

The Real Brokerage, Inc. - Common Shares (REAX) 
Company Research Source: Business Wire
Agents Say Buyers Most Likely to Compromise on Location to Improve Affordability TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. (NASDAQ: REAX, “Real”), a technology platform reshaping real estate for agents, home buyers and sellers, today released results from its October 2024 Agent Survey. With responses from agents across North America, the survey reveals growing optimism about the next 12 months, even as U.S. mortgage rates remain near multi-year highs. Agents also highlighted the growing importance of buyer trade-offs, such as compromises on location or home features, to overcome affordability challenges in this higher-rate environment.“Our October survey shows that while affordability remains a major hurdle, optimism among agents is growing because they see opportunities in today’s dynamic market,” said Tamir Poleg, Chairman and CEO of Real. “Even with elevated mortgage rates, buyers are adjusting their expectations — compromising on location, features, and more Show less Read more
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