Agent Count DeclineTotal agent count declined by about 1,076 sequentially to 81,904, which was roughly 1,100 lower than the estimate for the quarter.
Future Housing Market OutlookThe housing market may remain sluggish over the next 18-36 months.
Housing Market ChallengesThe weak housing market continues to weigh on brokerage volumes, with just short of 90,000 transaction sides during the quarter.