Welcome to the Alabama Residential Real Estate Index™ (AL RREI™). The AL RREI™ measures residential real estate expectations for the upcoming quarter gathered from a broad group of professionals working in residential real estate and related fields. Six key indicators create a composite index of overall market conditions and an outlook for the state’s metropolitan areas. Through the survey, panelists can take the pulse of the state’s residential real estate market as well as compare their own forecasts to those of their peers.
Click the “Register for the Survey” button below to register and complete the Q2 2025 survey beginning March 1, 2025. If you are a returning participant, you do not need to re-register.
For any questions regarding the survey, please contact Stuart Norton at tsnorton@ua.edu or (205) 348-5416.
The Alabama Residential Real Estate Index (AL RREI™) is a quarterly survey of residential brokers, sales agents, affiliates (loan officers, title agents, bankers, appraisers, etc.), and other industry professionals that measures market expectations for the upcoming quarter. An index value of 50 indicates a neutral outlook. Scores below 50 indicate a contractionary outlook while scores above 50 indicate an expansionary outlook.
In the Alabama Center for Real Estate’s survey, respondents in the Q1 2025 RREI™ registered an index score of 63.3. This means real estate professionals across the state have strong confidence that the statewide real estate market will expand during the first quarter. The Q1 index is 5.4 points higher than the Q4 2024 RREI™, marking the fifth consecutive quarter where the RREI recorded an index score above a 50. All six components of the AL RREI™ registered scores above 50 for the first quarter, indicating expectations of an overall expansion of market activity for residential real estate during Q1 2025 when compared to the prior quarter.
Panelists are very strongly confident that listings will increase, strongly confident that home sales will increase, moderately confident that home sales prices will increase, and strongly confident that interest rates will decrease during Q1 2025 when compared to the prior quarter.
