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 are mixed. The index for current real estate conditions rebounded from a six-month drop and finished close to its historical record from May 2017, while the index for the future real estate conditions remained strong, but fell from last quarter.
Consumer sentiment in February was close to historic record high despite stock market turmoil and legislation such as the tax reform bill and the budget deal.
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.