This is in comparison to the forth quarter of 2012.
"Our broker confidence index, the result of a quarterly survey of residential and commercial brokers, emphasizes positive assessments of the current market and the outlook for the future," said Steven Spinola, REBNY President.
Foreclosures Returning To Pre-Housing Bust Levels
Some say the confidence jump was in relation to the fiscal-cliff resolution.
"We saw a noticeable dip in confidence levels at the end of 2012, as New York City was put to the test by Hurricane Sandy and as national issues such as the fiscal cliff negatively impacted brokers' views on the market. That hesitancy has clearly subsided in the first quarter of 2013. Broker confidence has substantially improved this quarter, and brokers remain optimistic in the pace of economic recovery," said Spinola.
Photo credit: Buck Ennis
