Monthly Archive:: August 2013

Happy Labor Day Weekend: Info from the 2013 Member Profile

Happy Labor Day to our members, who are long overdue for a break! According to the latest Member Profile, the median number of hours worked by a NAR member is 40 hours a week (meaning half work MORE than...

Latest Metro Employment Conditions

Among large metro markets, Salt Lake City has zoomed ahead in terms of job creation with a 4.2 percent gain from one year ago. Increasingly, more cities are now topping a three percent job growth rate as the economy...

Rising Rents for Residential Properties

Demand for rental units appears to remain strong based on rental price trends according to information from the July REALTORS® Confidence Index. Approximately 54 percent of REALTORS® conducting rentals reported higher residential rents compared to 12 months ago.  About...

The Latest on GDP

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 GDP....

Commercial Investments Rise 24% in First Half of 2013

As the traditional summer vacation season wrapped up, it became easier to focus on the economic performance over the first half of the year. However, the task became an exercise in reading fortune cookies given the many changes in...