Economist Commentaries Archive

REALTORS® Reported Strong Demand and Tight Supply in Many States in March 2017

In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members “How do you rate the past month’s buyer/seller traffic in the neighborhood(s) or area(s) where you make most of your sales?” REALTORS® reported strong home buying...

March 2017 Existing-Home Sales

NAR released a summary of existing-home sales data showing that housing market activity this March is the highest pace in ten years. Home sales this March are up 4.4 percent from last month and improved 5.9 percent from last...

Rates Moderate, For Now

After surging in the wake of the election, mortgage rate are back on the decline. The average rate for a 30-year fixed rate mortgage was 3.97 percent for three-day period ending April 19th according a release from Freddie Mac...

Turbulence in Lending, Not a Trend

The Federal Housing Administration (FHA) plays a critical role in the housing market by guaranteeing financing to underserved portions of the population and by providing support to the broader housing market during cyclical downturns. In late 2016, a measure...

Consumer Sentiment on Housing: 2016 & 2017 Compared

Each month, the Housing Opportunities and Market Experience (HOME) survey tracks changes in consumer views regarding the housing market. With HOME being launched in the first quarter of 2016, we can now compare what consumers are thinking about trends...