New York City residential and commercial real estate brokers’ confidence levels hit their second highest ratings in December 2012 of the last seven months, according to the Real Estate Board of New York‘s Broker Confidence Index.
The Broker Confidence Index — tabulated on a scale of zero to ten, with five being neutral — was 8.12 in December 2012, second only to September 2012 when the confidence index reached 8.55.
Brokers were more confident in the market in December compared to November 2012, when in the aftermath of hurricane Sandy, broker confidence dipped to 7.55.
