Browsing Posts In: Economic Updates

April 18, 2017 Posted by: Lawrence Yun, PhD., Chief Economist and Senior Vice President

Economic growth numbers for the first quarter will be announced next week, and it looks like it will be a huge miss. The numbers could well be just a hair above the zero growth line. The average growth rate from 1950 to 2000 was 3.7%. President Bush’s term from 2001 to 2008 generated an average […]

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

Economic growth numbers for the first quarter will be announced next week, and it looks like it will be a huge miss. The numbers could well be just a hair above the zero growth line. The average growth rate from 1950 to 2000 was 3.7%. President Bush’s term from 2001 to 2008 generated an average […]

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April 4, 2017 Posted by: Nadia Evangelou, Research Economist

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April 3, 2017 Posted by: Nadia Evangelou, Research Economist

While total housing inventory continues to fall year-over-year for the last 21 months, more markets are turning into a sellers’ market. Under limited inventory conditions, sellers get more confident. The increased demand exceeds the existing supply, which means that more buyers are seeking to purchase properties than there are available homes on the market. As […]

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Posted by: Nadia Evangelou, Research Economist

While total housing inventory continues to fall year-over-year for the last 21 months, more markets are turning into a sellers’ market. Under limited inventory conditions, sellers get more confident. The increased demand exceeds the existing supply, which means that more buyers are seeking to purchase properties than there are available homes on the market. As […]

... Read More

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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