Strong buyer demand for residential homes continued to outpace supply in March. The Buyer Traffic Index rose to 69 while the Seller Traffic Index inched up to 41. This based on information in the March REALTORS® Confidence Index (RCI) Survey. In … [Read more...]
REALTOR® Confidence Rose Strongly in March 2013
Confidence about current market conditions and the outlook for the next six months rose strongly across all property types in March. For the first time, the “REALTORS® Confidence Index – Six Month Outlook” for townhouses breached … [Read more...]
Worldwide Economic Recovery – Weaker than Normal but Continuing
News for the U.S. economic outlook continues to be positive–housing recovery, continued productivity increases, new oil reserves. However, the economic news from around the world is frequently negative. Growth around the world has slowed. … [Read more...]
Major Real Estate Issues – As Noted by REALTORS®
Every month REALTORS® provide a variety of comments in responding to the survey for the REALTORS® Confidence Index. Changes in the types of comments received highlight the current problems and opportunities around the country. A Changing Market: The … [Read more...]
Latest 2013 Economic and Housing Outlook
Each month, as part of the pending home sales release, the latest 2013 Economic and Housing Outlook from NAR Chief Economist Lawrence Yun is also posted. The forecast document looks at economic indicators such as existing home sales, new home sales, … [Read more...]
Eighty-three Percent of REALTORS® Report Constant to Rising Prices
With strong buyer demand and tight inventory, 83 percent of REALTORS® reported constant or rising prices in the February REALTORS® Confidence Index (RCI) Survey. The survey also showed that among the respondents: – About 16 percent reported a … [Read more...]
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