Author Archive

October 2017 Existing Home Sales

NAR released a summary of existing-home sales data showing that housing market activity this September inclined 2.0 percent from last month but fell modestly 0.9 percent from last year. October’s existing home sales reached 5.48 million seasonally adjusted annual...

Growth of Property Values

Home price appreciation and depreciation is an important topic in today’s economy. Using data from the American Community Survey (ACS), we can analyze the gains and losses of property values over time. Looking at the 2005 – 2016 period,...

September 2017 Housing Affordability Index

At the national level, housing affordability is up from last month but down from a year ago. Mortgage rates increased to 4.15 percent this September, up compared to 3.78 percent a year ago. Housing affordability declined from a year...

September 2017 EHS Over Ten Years

Every month NAR produces existing home sales, median sales prices and inventory figures. The reporting of this data is always based on homes sold the previous month and the data is explained in comparison to the same month a...

3rd Quarter Metro Home Prices

The National Association of Realtors quarterly home prices increased again this quarter. Prices continue to drift up this quarter and outpacing qualifying incomes. With less inventory, faster price growth may become a challenge for potential homebuyers. Here is a...