Economist Commentaries Archive

A Ten-Year Analysis of the May 2018 Existing-Home Sales Figures

Every month NAR produces existing-home sales, median sales prices and inventory figures. The data is released with a one-month lag (so the May data is released in June) and is reported on a seasonally adjusted annualized rate. We also...

May 2018 Housing Affordability Index

At the national level, housing affordability is down from last month and down from a year ago. Mortgage rates rose to 4.71 percent this May, up 17.5 percent compared to 4.01 percent a year ago. Housing affordability declined from...

Selling Your Home Solo to Save Money? You’ll Actually Make Less Than You Think

Some homeowners opt to sell their residence without a real estate agent to get around paying a commission and make more of the profit. Forty-three percent of people (down from 48 percent last year) who sell without a real...

Top Outdoor Landscape Enhancements for Commercial Property

Landscape management services, standard lawn care services, and an overall landscape upgrade are the top three most requested projects by landscape professionals, according to a new study 2018 Remodeling Impact Report: Outdoor Features. Standard lawn care services, overall landscape...

About one-in-five REALTORS® closed a commercial sale for international clients

On the global front, the past year has experienced an improvement in economic conditions. It was not long ago that developed economies were grappling with economic weakness, as central banks reached for unprecedented negative interest rates to stem the...