Browsing Posts In: Economic Updates

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 […]

... Read More

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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Posted by: Nadia Evangelou, Research Economist

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December 13, 2016 Posted by: Lawrence Yun, PhD., Chief Economist and Senior Vice President

The inventory of homes for sale continues to shrink. There were 2.02 million homes listed for sale at the end of October, representing only 4.3 months’ supply. A balanced market would be closer to 6-to-7 months’ supply.  From a year ago, the raw inventory count was down 4%, which marked nearly two straight years of […]

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

The inventory of homes for sale continues to shrink. There were 2.02 million homes listed for sale at the end of October, representing only 4.3 months’ supply. A balanced market would be closer to 6-to-7 months’ supply.  From a year ago, the raw inventory count was down 4%, which marked nearly two straight years of […]

... Read More