Can Internet Behavior Predict the Real Estate Market?

by |

Andy Beal over at WebProNews points to a chart that the Bill Tancer at HitWise constructed that predicts an announcement that existing home sales dropped in July by the National Association of Realtors.

Tancer “superimposed the monthly data from the NAR on a Hitwise search term volume chart for the search query “homes for sale.””

As you can see, it seems that there is some correlation between the two.

About Author

Joshua Dorkin

Joshua Dorkin (@jrdorkin, Google+) founded when he saw a need for free, trustworthy information about real estate investing online. Over the past 12 years, Josh has grown the site from self-funded hobby to full-time job and passion. Today, BiggerPockets brings together over 850,000 members, housing the world’s largest library of real estate content, iTunes’ #1 real estate podcast, and an array of analysis tools, all geared toward helping users succeed.


  1. Looking at the chart, I would have expected a bounce in August and my market hasn’t seen it as of yet. Overall though, I’m not surprised how the online activity leads the sales activity. Thanks for this post, it’s something that I think needs more tracking.

Leave A Reply

Pair a profile with your post!

Create a Free Account


Log In Here