Economist Commentaries Archive

REALTORS® Confidence Index Survey: March 2018 Highlights

The REALTORS® Confidence Index (RCI) 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.[1] This report presents key results about market transactions from...

February 2018 Pending Home Sales

NAR released a summary of pending home sales data showing that February’s pending home sales pace was up 3.1 percent last month and down 4.1 percent from a year ago. Pending sales represent homes that have a signed contract...

January 2018 Housing Affordability Index

At the national level, housing affordability is up from last month but down from a year ago. Mortgage rates dipped to 4.27 percent this January, down 2.5 percent compared to 4.38 percent a year ago. Housing affordability declined from...

February 2018 Existing-Home Sales

NAR released a summary of existing-home sales data showing that housing market activity this February bounced back 3.0 percent from last month and rose 1.1 percent from last year. February’s Existing-Home sales reached 5.54 million seasonally adjusted annual rate....

REALTORS® Confidence Index Survey: February 2018 Highlights

The REALTORS® Confidence Index (RCI) survey[1] 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...