Monthly Archive:: May 2012

Gross Domestic Product

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 GDP....
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May 31, 2012

Local Market Reports: Median Price

Sub-4% mortgage rates and five years of flat or falling home prices have driven affordability conditions to record highs. Combined with improving consumer confidence and a warm spring, sales surged in the 1st quarter posting the strongest 1st quarter...

2012 Member Profile: Demographics

The 2012 Member Profile was released two weeks ago at the Midyear Meeting and contains information on member business activity in 2011, member demographics and firm affiliation and business characteristics. The latest data shows that 60 percent of members...

Local Market Reports: Unemployment Rate

Since March of 2011, the labor market has improved dramatically. While the national unemployment rate remains high, regional markets are experiencing varying degrees of improvement. The ten markets with the strongest improvement in their unemployment rate are a varied...

Phoenix Rising

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 Case-Shiller price index....