Broker confidence dips slightly in first quarter: REBNY

New York City brokers’ confidence remained high but fell slightly in the first quarter of 2015, driven by the potential impact of rising interest rates and low inventory, according to the latest Real Estate Board of New York confidence index report. Overall broker confidence was at 9.05, compared with 9.22 in the fourth quarter of 2014 and 8.80 in the third quarter. “Brokers are showing bullish confidence in this healthy market and continue to be ... [more]