25 Responses to Q&A on Re-Benchmarking of Home Sales

1. EHS Rebenchmarking: What’s It All About? says:

   December 15, 2011 at 12:05 pm

   [...] Moncrieff about the why and the how of the rebenchmarking process. You can also learn more in a detailed Q&A he [...]
2. Impact to Everyday Consumers and REALTORS® from Revised Existing Home Sales says:

   December 15, 2011 at 1:40 pm

   [...] var addthis_config = {"data_track_clickback":true};Share|The following is an excerpt from broader questions and answers related to the NAR re-benchmarking of existing home sales. To address the questions we have received related to the NAR upcoming sales data revision, here [...]
3. Home sales data for the past five years to be revised downward - NAR explains why - AGBeat says:

   December 15, 2011 at 5:04 pm

   [...] Dr. Lawrence Yun, Chief Economist at the National Association of Realtors has released a detailed li… [...]
4. Upcoming EHS Rebenchmarking | Oklahoma Real Estate Matters says:

   December 16, 2011 at 12:19 am

   [...] For more, read: Q and A on Re-Benchmarking of Home Sales [...]
5. Upcoming EHS Rebenchmarking says:

   December 16, 2011 at 1:12 am

   [...] For more, read: Q and A on Re-Benchmarking of Home Sales [...]
6. Craig Kamman — NAR revising 2007-2011 home sales figures says:

   December 16, 2011 at 8:41 am

   [...] UPDATE 12/16/2011:   NAR will be releasing the revised data Dec 21st, along with the methodology. A. The numerical computation sheet will be available after the official release of new figures at 10 … [...]
7. Brent DeRobertis says:

   December 16, 2011 at 2:58 pm

   No wonder the numbers are so high for the ratio of homes bought by investors as a whole during the boom years if the sale by the flipee is not counted. This would really skew the numbers. Assume counted sales of 100,000 units with 40,000 being counted as investors meaning a 40% investor to resident owner ratio. Again, assume that 50% of the investors flipped and sold in the same year or 20,000 units would not be counted. If they were, there would have been 120,000 sales and investor ratio would be 30% of total. That is quite a difference.
8. NAR "rebenchmarking" approaches — here’s what you need to know | VARbuzz says:

   December 19, 2011 at 9:37 am

   [...] First, there’s a detailed Q&A on the subject at Realtor.org. [...]
9. NAR to release revised home-sale stats | says:

   December 20, 2011 at 2:20 am

   [...] Realtors on Wednesday will issue revised estimates for existing-home sales going back five years, saying the formula it had been using to adjust the sales data it collects from multiple listing services [...]
10. NAR to release revised home-sale stats! « EXIT GRIDIRON REALTY says:

    December 20, 2011 at 5:57 am

    [...] Realtors on Wednesday will issue revised estimates for existing-home sales going back five years, saying the formula it had been using to adjust the sales data it collects from multiple listing services [...]
11. Housing improves, but foreclosures spoil the party | says:

    December 20, 2011 at 12:35 pm

    [...] The NAR is set to recover revised information on Wednesday. [...]
12. Housing improves, but problems loom says:

    December 20, 2011 at 12:58 pm

    [...] The NAR is set to release revised data on Wednesday. [...]
13. Housing improves, but foreclosures spoil the party | We Should Have Listened To The Prophets says:

    December 20, 2011 at 2:36 pm

    [...] The NAR is set to release revised data on Wednesday. [...]
14. Housing market improves, but foreclosures spoil the party | Columbus Investment Properties says:

    December 20, 2011 at 5:37 pm

    [...] The NAR is set to release revised data on Wednesday. [...]
15. Mass. home sales up for 5th straight month in November; median prices down | The MAR Report says:

    December 21, 2011 at 9:35 am

    [...] President Laurie Cadigan explains the reasons in her podcast and you can check out this link to a  Q&A from NAR on the reasons why they are re-benchmarking their [...]
16. NAR overestimated real estate sales by 14% « Mr Williamsburg, Blogging on Life and Real Estate in Williamsburg and Hampton Roads Virginia says:

    December 21, 2011 at 4:37 pm

    [...] you want a more detailed explanation you can find it here GA_googleAddAttr("AdOpt", "1"); GA_googleAddAttr("Origin", "other"); [...]
17. EHS Rebenchmarking: What’s It All About? | S New Jersey Realty Market says:

    January 8, 2012 at 6:23 pm

    [...] Moncrieff about the why and the how of the rebenchmarking process. You can also learn more in a detailed Q&A he [...]
18. Mass. December home sales essentially flat to close out 2011 | The MAR Report says:

    January 24, 2012 at 9:30 am

    [...] President Laurie Cadigan explains the reasons in her podcast and you can check out this link to a  Q&A from NAR on the reasons why they are re-benchmarking their [...]
19. REALTOR® Confidence: Some Hopeful Signs? | Knowledge IS POWER says:

    January 28, 2012 at 1:03 am

    [...] http://economistsoutlook.blogs.realtor.org/2011/12/14/qa-on-re-benchmarking-of-home-sales/ [...]
20. And, Speaking Of Alternate Universes | A Reasonable Life says:

    February 7, 2012 at 12:20 pm

    [...] It seems that I’m not alone either, having been dealing with this very problem with increasing frequency over the past couple of years, with Federal, State, and other sources.  Speaking now as an analyst, it is simply getting harder and harder to actually make sense of and use official data sources…very little of it seems to make any sense, suffering from a vast array of inconsistencies, non-sensical revisions, or a lack required revisions.  Problems have been noted with population, housing, employment, unemployment, building permits, and other data, such as the NAR’s housing stats.  [...]
21. Upcoming EHS Rebenchmarking | Oklahoma City Metro Real Estate says:

    February 22, 2012 at 4:46 pm

    [...] more on rebenchmarking, read: Q and A on Rebenchmarking of Home Sales and Impact on Consumers and REALTORS® of Revised Existing-Home [...]
22. Oklahoma City Metro Real Estate | REALTOR® Confidence: Some Hopeful Signs? says:

    February 28, 2012 at 6:15 am

    [...] http://economistsoutlook.blogs.realtor.org/2011/12/14/qa-on-re-benchmarking-of-home-sales/ [...]
23. New Hope for Housing: Numbers Pointing to an Early Spring? – شبكة النيل الإخبارية says:

    March 23, 2012 at 1:13 pm

    [...] atmosphere how infallible NAR numbers are after a organisation of some-more than 1 million realtors revised a numbers downward final year. But if a numbers are accurate, they paint a open sales gait in a passed of winter. The [...]
24. Article: An Early Spring for Housing, Too? | says:

    March 28, 2012 at 8:03 pm

    [...] in the air how trustworthy NAR numbers are after the association of more than 1 million realtors revised its numbers downward last year. But if the numbers are accurate, they represent a spring sales pace in the dead of [...]
25. REALTOR® Confidence: Some Hopeful Signs? — Moreno Valley-Inland Empire-California-Real Estate-Investing-Private Money-Delmae Properties says:

    April 1, 2012 at 6:52 am

    [...] http://economistsoutlook.blogs.realtor.org/2011/12/14/qa-on-re-benchmarking-of-home-sales/ [...]