The Subscriber (ARMLS subscribers are made up of Arizona licensed real estate brokers and agents) Confidence Index report (SCI) is similar to the Consumer Confidence Index (CCI); it expresses the ARMLS subscriber perspective relative to the changing Arizona real estate market conditions and is based on their experience with current Phoenix AZ home buyers and Phoenix Arizona home sellers. Broker and agent sentiment influences broker investment and strategy, and how real estate professionals manage their business.
The most measurable value of the SCI report lies in being one of the few economic indicators that is derived directly from experiences and up close observations of REALTORS®; the subscribers gauge based on first hand knowledge as to what is going on with the Valley’s real estate market.
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