Economist Commentaries Archive

Mortgage Application Data (August 26th, 2015)

This blog post was written by La Shawn Skeete. La Shawn is a Summer Research Intern, and is currently studying at The University of Maryland, College Park pursuing a degree in Economics. Seasonally adjusted mortgage application volumes increased only...
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August 28, 2015

Housing’s Large Economic Impact

Find out how much the real estate industry is affecting the gross state product for your area. The impact can be direct or indirect, but housing is a significant driver of economic activity. In 2013, the value of construction...

July Existing-Home Sales

NAR released a summary of existing-home sales data showing that July’s existing-home sales increased year-over-year for the 10th consecutive month, as sales reach the 5.59 million seasonal annual adjusted rate. July’s sales are the highest sales pace since February...

Office Vacancies Decline As Employment Gains Drive Demand

Macroeconomic conditions continued improving at a moderate pace in the second quarter of this year. Real gross domestic product (GDP) advanced at an annual rate of 2.3 percent, to $16.3 trillion, according to the Bureau of Economic Analysis. The...

REALTORS® Six-Month Home Price Outlook Strong

The maps show the six-month price outlook by state[1], as reported in July by REALTORS®: July 2015 REALTORS® Confidence Index Survey Report. The outlook was most upbeat in states with growing technology sectors such as California, Washington, Oregon, and Massachusetts;...