Economist Commentaries Archive

Spring Brings Renewal to Housing Finance

In the 6th Survey of Mortgage Originators, several important trends are highlighted that took shape in the 1st quarter of 2015 and bode well for the second half of 2015.  In addition, a number of policy issues loom on...

In What States Did Properties Sell Quickly in Feb-April 2015?

In the monthly REALTORS® Confidence Index Survey, NAR asks REALTORS® “For the last house that you closed in the past month, how long was it on the market from listing time to the time the seller accepted the buyer’s...

Properties Typically Sold Within 39 days in April 2015

Amid tight inventory in most states, properties that closed in April 2015 were typically on the market for a relatively short period of time at 39 days (52 days in March 2015; 48 days in April 2014)[1], according to...

Case Shiller Price Index (March 2015)

Today, Case Shiller released their housing price index data for March 2015 which showed that house prices rose 4.7 percent from March one year ago for the 10-city composite and 5.0 percent for the 20-city composite.  The national index...

REALTORS’® Confident About the 6-Month Outlook Improved in April 2015

In April 2015, more REALTORS® were confident about the outlook for all property types in the next six months than they were in March and a year ago[1], according to the April 2015 REALTORS® Confidence Index Survey. The April...