Economist Commentaries Archive

REALTORS® Reported Strong Buyer Traffic in Many States in February 2015

In a monthly REALTORS® Confidence Index Survey, NAR asks REALTORS®: “How do you view buyer traffic in your market?”. The map below shows the buyer traffic index by state. An index above 50 indicates that more REALTOR® respondents viewed...

Consumer Interest in Housing Gains Momentum

The Federal Reserve Board of New York released its update to the Survey of Consumer Expectations this morning.  Consumer optimism toward housing has improved significantly at the lower credit spectrum from last spring, and remains robust at the middle...

REALTORS® Are Upbeat About the Outlook in the Next 6 Months

Confidence about the outlook for the next six months improved across all property types, according to the February 2015 REALTORS® Confidence Index Survey. In the single family market, the REALTORS®  Confidence Index - Six-month Outlook  increased to 75 (72...

Unemployment Insurance Claims Continue To Decline in Most States

The number of people losing jobs continues to remain on a downtrend. Initial unemployment insurance claims that were filed during the week that ended March 21 totaled 282,000 (seasonally adjusted), fewer by 9,000 claims from the previous week’s unrevised...

February Existing Home Sales

NAR released a summary of existing home sales data showing that February’s existing home sales improved from last month and a year ago, while fewer homes on the market drive price growth. February’s sales show a fifth consecutive month...