Third quarter economic activity grew at 2.0 percent, which is decent but still subpar compared to the historical norm. Gross Domestic Product (GDP) generally grows by three percent on average and should be growing closer to four to five percent … [Read more...]
Home Prices Projected to Increase By 3 Percent in Forthcoming Year
Recently released research data project rising residential prices in 2013. The October 2012 Economic Survey by the Wall Street Journal panel of economists forecasted home prices as increasing at an annual rate of 3.25 percent in the forthcoming year. … [Read more...]
National Housing Metrics [INFOGRAPHIC]
InfoGraphic … [Read more...]
Jobless Claims
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 unemployment insurance claims. Initial claims for … [Read more...]
Educate and Care: Real Estate Professionalism Defined
For Agents’ Eyes Only… Each Thursday we will be posting a blog to help real estate professionals understand how they can better assist their buyers and sellers navigate the current real estate market. Hope you find the information helpful. – The KCM … [Read more...]
New Home Sales in September
New home sales, like existing home sales, continue to trend higher. Similarly, low inventory is pushing up prices. In September, new home sales were 389,000 (annualized rate after seasonal adjustment), which is a gain of 5.7 percent … [Read more...]
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