CNBC Housing Market Survey
Definition
A quarterly poll conducted by CNBC that surveys real estate agents nationwide on current U.S. housing market conditions, including home sales, prices, inventory levels, mortgage rates, and future expectations.
A key industry barometer revealing professional sentiments on whether the market favors buyers or sellers, often signaling shifts in real estate dynamics.
Examples
The CNBC Housing Market Survey just revealed that 65% of agents see sunnier days ahead, but don't pop the champagne yet—rates are still playing hard to get.
Armed with the latest CNBC Housing Market Survey, Sarah ditched her starter home dreams for a luxury condo gamble in a supposed buyer's paradise.
Real estate bros quoted the CNBC Housing Market Survey like gospel, swearing the market's thawing faster than last winter's snowman.
When the CNBC Housing Market Survey predicted flat prices, my boomer parents finally stopped lecturing me about waiting for the 'perfect' time to buy.