Economist Commentaries Archive

Home Buyer Households: Valentine’s Day 2019

Using data from the 2018 Profile of Home Buyers and Sellers we can break down household composition, and the relationship it has to home purchasing choices. Among all recent home buyers, 63 percent were married couples, 18 percent were...

December 2018 Housing Affordability Index

At the national level, housing affordability is up from last month but down from a year ago. Mortgage rates were unchanged from last month at 4.99 percent this December, and up 18.2 percent compared to 4.22 percent a year...

December 2018 Pending Home Sales

NAR released a summary of pending home sales data showing that December’s pending home sales pace was down 2.2 percent last month and fell 9.8 percent from a year ago. Pending sales represent homes that have a signed contract...

In-Depth on NAR Commercial Members Work By Various Property Types

There were many new additions this year to NAR’s 2018 Commercial Member Profile, and among them was a look at commercial member’s primary service area and the type of property with which they work year around. Of NAR’s commercial...
January 25, 2019

REALTORS® Confidence Index Survey: December 2018 Highlights

The REALTORS® Confidence Index (RCI)[1] survey gathers monthly information from REALTORS® about local real estate market conditions, characteristics of buyers and sellers, and issues affecting homeownership and real estate transactions.[2] This report presents key results about market transactions from...