Economist Commentaries Archive

More Workers Filed Unemployment Insurance Claims in January 2016

The number of workers starting a period of unemployment is on the rise. The U.S. Department of Labor reported that in the week ended January 30, 2016 285,000 claims were filed, an increase of 8,000 from the previous week’s...

Home Buyers, 34 Years and Under: 27 Percent of Residential Sales in December 2015

Buyers who are 34 years old and under accounted for 27 percent of home sales in December 2015, according to the December 2015 REALTORS® Confidence Index Survey Report. The participation of buyers who are 34 years and under has...

How Commuting Costs Factor Into Home Buying

Either way you look at it, buyers know that commuting costs are high. Some buyers need to be closer to their job while others need to be close to school districts. The National Association of REALTORS® releases its annual...
February 2, 2016

Will An Early Spring Deliver Increased Home Sales?

This year marks the 130th anniversary of Groundhog Day, and this morning Punxsutawney Phil did not see his shadow at the annual celebration. This means that an early spring is predicted this year. Looking back at existing-home sales in...

Raw Count of Home Sales (December 2015)

Existing-home sales increased 14.7 percent in December from one month prior while new home sales rose 10.8 percent.  These headline figures are seasonally adjusted figures and are reported in the news.  However, for everyday practitioners, simple raw counts of...