The Latest GDP

The broadest measurement of the U.S. economy (GDP) expanded solidly in the third quarter at a 3.55 percent annualized rate.  This  marks two straight quarters of robust growth.  Growth at this rate can accelerate future job creations.  Still, we...

Community Banks Are Main Source of REALTORS®’ Commercial Financing in 2014

During 2013, commercial real estate witnessed a noticeable reversal in capital availability.  Following exceedingly stringent capital standards and overly tight liquidity in the wake of the 2008 recession, funding sources broadened.  The trends accelerated during 2014, as most major...

REALTORS® Reported Slower Buyer Traffic in September

For the first time since January 2012, the Buyer Traffic Index, which captures on the aggregate how REALTORS® viewed traffic conditions in their markets, dropped  to 44  in September  (55 in August), according to data from the September 2014...

Case-Shiller Home Price Numbers

Today, S&P/Case-Shiller showed that home prices grew 5.6 percent year over year in August for the 20-city index while the 10-city index showed a gain of 5.5 percent.  The newer Case Shiller monthly national index showed a gain of...

REALTORS®: Six-Month Single Family Home Outlook “Moderate”

REALTORS’® confidence about the outlook for the next six months for single-family homes is still generally “moderate” in many states, according to the September  REALTORS® Confidence Index Survey:  http://www.realtor.org/reports/realtors-confidence-index . The graphs below show a measure of REALTORS’® confidence...