Case-Shiller Home Price index

Today, Case Shiller released their housing price index data for November which showed that house prices rose 4.2 percent from November one year ago for the 10-city composite, 4.3 percent for the 20-city composite, and 4.7 percent for the...

Shrinking Inventory

The total inventory of homes available for sale fell in December for the first time in 16 months.  The decline was very modest of less than 1 percent from the comparable month the year before.  Nonetheless, it represents a...

FHFA Price Indicator

Today, FHFA released their housing price index data for November which showed that house prices rose 0.8 percent from October on a seasonally adjusted basis. That rate of growth is the highest one-month growth rate reported by FHFA since...

How are first-time homebuyers becoming more diverse?

Using data from NAR’s 2006-2014 Profile of Home Buyers and Sellers, we can examine how the demographics of first-time homebuyers have changed over the last 9 years. What do these numbers show us about the diversity of buyers, and...

Latest Housing Starts (December 2014)

Single-family housing starts in December reached their highest monthly activity in nearly 7 years.  Still, the increase is coming off very depressed levels and another 50 percent jump is needed to help relieve a potential housing shortage. Multi-family starts...