After reaching the highest level in over six years, pending home sales declined in June, with rising mortgage interest rates beginning to impact the market. The Pending Home Sales Index, a forward-looking indicator based on contract signings, edged … [Read more...]
Unemployment Insurance Claims Increase Slightly
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...]
New Home Sales, Mortgage Applications
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 new home sales and mortgage applications. The recent … [Read more...]
Profile of International Clients from Canada
Canada has remained as the top source of international clients purchasing U.S. property, as reported in the National Association of REALTORS® 2013 Profile of International Home Buying Activity, which summarizes the survey responses of over 3,300 … [Read more...]
FHFA 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 update discusses the FHFA home price index. FHFA data today show that … [Read more...]
REALTOR® Confidence in Current Market Conditions Held Steady
REALTORS® generally continued to view current conditions in the single–family home market as “strong” with the Index-Current Conditions [1] holding steady at 71 in June. A level of 50 delineates “moderate” conditions. The Index for townhouses was … [Read more...]
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