Va. Consumer Sentiment & Real Estate Polls
Virginia Consumer Sentiment Polls
The Roanoke College Poll conducts Consumer Sentiment polls quarterly. The indexes of consumer sentiment in Virginia are shown in the following table.
Virginia Consumer Sentiment Index Values
VAICC=Index of Current Conditions, VAICE=Index of Consumer Expectations, VAICS=Index of Consumer Sentiment
Virginia Polls on Consumer Sentiment and Inflation Expectations & Real Estate
The Virginia Real Estate Indexes continued a six-month retreat from their record high of the second quarter, but remain well above the historical average. Home prices are higher than their historical average in all major metro areas across the Commonwealth.
Sentiment concerning current conditions and expectations of improved household finances suggest a strong holiday season for retailers and other industries in the final quarter of 2017.
The Virginia Real Estate Indexes retreated from the record high of the second quarter, but remain above the historical average. Inventories are lower than this point in the previous two years, keeping prices up. Regionally, home prices remain well above average in Richmond, Charlottesville, and Washington, D.C.
Virginia Index of Consumer Sentiment is down almost two points since last quarter. The political divide in sentiment grows and is substantially larger than immediately after the November election. Inflation expectations increased slightly from last quarter.