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...]
Latest Monthly Housing Affordability Index
At the national level, housing affordability is down due to higher home prices even though mortgage rates have come down. What is affordability like in your market? Housing affordability is down for the month of May in the US as prices reach their … [Read more...]
International Sales at $68.2 Billion in 12 Months Ending March 2013
The recently released 2013 Profile of International Home Buying Activity reports that total residential sales dollar volume to international clients was at its second highest level in recent years for the 12 months ending March 2013. International … [Read more...]
Basel III Down: The Specter of Regulation Eases
Yesterday marked an important turning point for housing finance. The Federal Reserve voted on a final Basel III rule that is significantly friendlier to residential housing finance than the earlier proposal. While the FDIC and OCC must still vote … [Read more...]
Consumer Inflation: Latest Data and Outlook
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 consumer price index. No inflation to speak of in May, … [Read more...]
Producer Price Index and Inflation Outlook
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 latest producer price index and an outlook for … [Read more...]
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