In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses the Jobs Report and the Federal Open Market Committee … [Read more...]
Inventory Conditions Improve Slightly But Still Lags Demand in June
Inventory/supply conditions were reported to be improving, as reflected in the increase in the Seller Traffic Index to 46 (from 43 in May). The Buyer Traffic Index dipped slightly to 69 in June (from 71 in May), possibly due to the impact of rising … [Read more...]
Government Revenue and the Economy
What happens to government revenue and the economy if the mortgage interest or property tax deductions are eliminated? A new, independent research study weighs in… Two new case studies by the Tax Foundation, a non-partisan tax research group based in … [Read more...]
The Latest on Mortgage Applications and GDP
In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses mortgage applications and GDP. The number of people … [Read more...]
2013 National Housing Pulse Survey: Homeownership Still a Priority for Renters
[A guest blog post from NAR's Manager of the Housing Opportunity Program, Wendy Penn] NAR recently released the 2013 National Housing Pulse Survey. The findings show that a strong majority (78%) of renters say that homeownership is a priority for … [Read more...]
Case-Shiller Home Price Index
In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s second update discusses the Case-Shiller home price index. Case-Shiller May … [Read more...]
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