Monthly Archive:: May 2013

Personal Income and Consumption in April

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 personal income and consumption....

Unless inventories grow, demand for housing will keep the pressure on prices

Did You Know: Inventories are declining at a slower pace, but unless inventories grow, demand for housing will keep the pressure on prices and the balance of the market in favor of sellers. Comparing the total number of homes...

Unemployment Insurance Claims Are Back to Pre-recession Level

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 unemployment insurance claims....

REALTOR® Confidence Rose Strongly in April

The housing market recovery continues to be in the news.  The latest REALTORS® Confidence Index data  rose strongly across all property types in April.   The Confidence Index -Current Conditions[1] for single family properties registered at 70. For the first...

Yet Another Source Suggests Home Prices Rising at Double-Digit Pace from One Year Ago

Last month, we reported that the Case-Shiller Price Index was likely to break a double-digit pace in the next month, and Tuesday’s data confirms that prediction. All three Case-Shiller price indexes rose by double-digits from one year ago. The...