Browsing Posts In: Economic Updates

March 22, 2017 Posted by: Ken Fears, Director, Regional Economics and Housing Finance

In late January, the new Trump administration froze a number of policy changes made in the waning days of the Obama Presidency. One such change, a 25 basis point increase in the mortgage insurance premium (MIP) charged by the Federal Housing Administration (FHA), was previously analyzed by NAR Research. Here we report local impacts of […]

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March 9, 2017 Posted by: Nadia Evangelou, Research Economist

A week after the release of the Housing Price Index for the last quarter of 2016,  the median home price per county[1] has been updated. Applying the price change in the related metropolitan areas, it seems that, compared to a year earlier, home prices continue to rise in 97 percent of the counties. Counties in the […]

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March 2, 2017 Posted by: Lawrence Yun, PhD., Chief Economist and Senior Vice President

Housing data in January gave mixed signals on the direction for the year. Closing activity for existing home sales shot up to a decade-high of 5.69 million units at an annualized pace, but pending contracts fell to their lowest level in 12 months. For the whole of 2017, I expect existing home sales to reach […]

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February 21, 2017 Posted by: Nadia Evangelou, Research Economist

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Posted by: Nadia Evangelou, Research Economist

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February 16, 2017 Posted by: Danielle Hale, Director of Housing Statistics

Because housing is a big part of many Americans’ financial wellbeing the ability to access homeownership – housing affordability – is an important topic. The National Association of REALTORS® (NAR) Housing Affordability Index is a great way to simply understand how affordable the housing market is or isn’t for the typical home buyer and how […]

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January 17, 2017 Posted by: Nadia Evangelou, Research Economist

Existing home sales rose 0.7 percent in November from one month prior while new home sales increased 5.2 percent.  These headline figures are seasonally adjusted figures and are reported in the news.  However, for everyday practitioners, simple raw counts of home sales are often more meaningful than the seasonally adjusted figures.  The raw count determines […]

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Posted by: Nadia Evangelou, Research Economist

Existing home sales rose 0.7 percent in November from one month prior while new home sales increased 5.2 percent.  These headline figures are seasonally adjusted figures and are reported in the news.  However, for everyday practitioners, simple raw counts of home sales are often more meaningful than the seasonally adjusted figures.  The raw count determines […]

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January 5, 2017 Posted by: Lawrence Yun, PhD., Chief Economist and Senior Vice President

Mortgage rates have risen since the election of Donald Trump, from 3.5% to the recent 4.2%. Bond investors are perceiving an economic stimulus package to uplift the economy. More business activity, greater commerce, and faster job growth are certainly good news, which thereby also no longer justifies the ultra-low interest rate environment of the past […]

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December 21, 2016 Posted by: Nadia Evangelou, Research Economist

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