Browsing Posts In: Economist Commentaries

March 28, 2017 Posted by: Nadia Evangelou, Research Economist

The S&P CoreLogic Case-Shiller National Index shows that U.S. prices of single-family homes continue to rise. The national index level in January reached a new high and is up 5.9 percent from a year earlier.  But what does this mean for homeowners? Home prices affect the wealth of homeowners. As the price of housing increases, […]

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March 27, 2017 Posted by: Ken Fears, Director, Regional Economics and Housing Finance

Refinancing soared in 2015 and 2016 as rates fell, while burgeoning home sales pushed over the five million sales mark and the TRID regulation was implemented. In this environment, anecdotes of delayed closing, difficulties getting appraisals and even “rush” fees for quick turn-around appraisals began to percolate. Is this a short-term problem or something more? […]

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Posted by: Danielle Hale, Director of Housing Statistics

While local conditions vary, the REALTORS® Buyer Traffic Index and the REALTORS® Confidence Index—Current Conditions for single-family homes, townhomes, and condominiums remained above 50 in February 2017, indicating that more respondents reported “strong” than “weak” conditions. Both indices were higher than their levels one year ago and in the previous month.[1] The REALTORS® Seller Traffic […]

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March 24, 2017 Posted by: Scholastica (Gay) Cororaton, Research Economist

In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members “How do you rate the past month’s buyer/seller traffic in the neighborhood(s) or area(s) where you make most of your sales?” REALTORS® reported strong home buying demand amid tight supply in February 2017, according to the February 2017 REALTORS® Confidence Index Survey […]

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Posted by: Scholastica (Gay) Cororaton, Research Economist

In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members “How do you rate the past month’s buyer/seller traffic in the neighborhood(s) or area(s) where you make most of your sales?” REALTORS® reported strong home buying demand amid tight supply in February 2017, according to the February 2017 REALTORS® Confidence Index Survey […]

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Posted by: Michael Hyman, Research Data Specialist

NAR released a summary of existing-home sales data showing that housing market activity this February is down 3.7 percent from last month but improved 5.4 percent from last year. February’s existing-home sales reached the 5.48 million seasonally adjusted annual rate.  The national median existing-home price for all housing types was $228,400 in February, up 7.7 […]

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Posted by: Michael Hyman, Research Data Specialist

NAR released a summary of existing-home sales data showing that housing market activity this February is down 3.7 percent from last month but improved 5.4 percent from last year. February’s existing-home sales reached the 5.48 million seasonally adjusted annual rate.  The national median existing-home price for all housing types was $228,400 in February, up 7.7 […]

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Posted by: Michael Hyman, Research Data Specialist

NAR released a summary of existing-home sales data showing that housing market activity this February is down 3.7 percent from last month but improved 5.4 percent from last year. February’s existing-home sales reached the 5.48 million seasonally adjusted annual rate.  The national median existing-home price for all housing types was $228,400 in February, up 7.7 […]

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March 17, 2017 Posted by: George Ratiu, Director, Quantitative and Commercial Research

Economic activity continued on an upward trend in the last quarter of 2016, but at a slower pace, as the first estimate of real gross domestic product (GDP) from the Bureau of Economic Analysis documented. Preliminary figures indicated that GDP rose at an annual rate of 1.9 percent, on par with the average 1.9 percent […]

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Posted by: George Ratiu, Director, Quantitative and Commercial Research

Economic activity continued on an upward trend in the last quarter of 2016, but at a slower pace, as the first estimate of real gross domestic product (GDP) from the Bureau of Economic Analysis documented. Preliminary figures indicated that GDP rose at an annual rate of 1.9 percent, on par with the average 1.9 percent […]

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