Economic Updates Archive

Home Sales for May 2017: Raw Count

Simple raw counts of home sales are often more meaningful than the seasonally adjusted figures.  The raw count determines income and helps better assess how busy the market has been. Existing home sales increased 1.1 percent in May from...

A Look at Pending Home Sales Numbers for May

NAR released a summary of pending home sales data showing that May’s pending home sales pace is down 0.8 percent from last month and down 1.7 percent from a year ago. Pending sales are homes that have a signed...

Regulatory Framework Cuts Bank Capital for Commercial Deals in REALTOR® Markets

Based on the Expectations & Market Realities in Real Estate 2017: Intersection of Global Change report—released by Situs RERC, Deloitte and the National Association of REALTORS®—commercial real estate (CRE) investors took a step back during 2016. Large cap CRE...

Online Home Value Estimates Are NOT Appraisals

Where are these home value estimates coming from? The prevalence of technology gives anyone more access to a broad spectrum of information on the internet. In real estate, access to property details and values is easier due partly to...

State Job Growth Comparisons: May

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