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5/21/2025 - 07:30 AM

    Housing market recovery remains in limbo, with agents reporting a modest pullback in home sales activity in April. However, nearly 60% of agents remain optimistic about their local markets over the next year.

    "April's data reflects a market searching for direction," said Tamir Poleg, Chairman and CEO of Real Brokerage Inc. "While higher rates weigh on affordability, agent optimism remains strong, a positive signal as we move into peak selling months."

    Key Survey Findings:

    * Home Sales Activity Slows: Real's Transaction Growth Index declined to 47.8 in April, down from 50.2 in March.

    * Agent Optimism Softens but Remains Elevated: The Agent Optimism Index dropped to 65.8 in April from 70.4 in March, with 59% of agents feeling more optimistic and 14% feeling more pessimistic.

    * Market Power Remains Split: In April, 34% of agents said their local market favored sellers, 34% favored buyers, and 32% described conditions as balanced.

    Affordability remains the top concern for buyers, cited by 49% of agents. However, economic worries rose, with 23% pointing to uncertainty as the primary barrier to home buyers.

    Key Survey Findings: Agent Views on Private Listing Networks

    * Limited Adoption: Only 21% of agents described themselves as very familiar with private listing networks.

    * Selective Use Cases: 65% of agents believed private listings are suitable for fewer than 10% of homes, while 33% said they sell for less than comparable public listings.

    Many agents doubt the value of private listings, with 54% saying they do not serve clients' best interests. Only 25% would recommend a private listing strategy to their clients.

    The Real Brokerage April 2025 Agent Survey included responses from over 400 real estate agents across the US and Canada. A summary presentation is available on Real's investor relations website at https://investors.onereal.com/.