Monthly Archive:: April 2014

Rents Continue to Increase for Residential Properties

Demand for rentals remained strong in March, according to the latest REALTORS® Confidence Index. Among those REALTORS® involved in a rental, 48 percent (46 percent in February) reported higher residential rents compared to 12 months ago. Rising rents may...

Which Foreigners Had the Greatest Interest In U.S. Homes in 2013?

Based on information from realtor.com, NAR economists have formulated a country search index delineating which countries had the most home search contact on realtor.com in 2013. The index is based on a count of actual house searches by potential...

REALTORS® Expect Modest Price Growth in Next 12 Months Based on March 2014 REALTOR® Survey

REALTORS® generally expect prices to increase over the next 12 months at a modest pace with a median expected price increase at about 4 percent, according to the latest REALTORS® Confidence Index. Low inventory compared to demand is expected...

A Deeper Look at Last Week’s Existing Home Sales Data

Last week, NAR released a summary of existing home sales data showing that existing home sales declined again for the seventh time in eight months. March sales showed a decrease in sales of 0.2% from last month and 7.5%...

Buyer Traffic Index Shows Demand Stronger Than Supply in March 2014

Buyer demand was on the upswing in March 2014 with the onset of the spring season, according to the latest REALTORS® Confidence Index. The REALTORS® Buyer Traffic Index notched up to 63, while the Seller Traffic Index stayed about...