Economist Commentaries Archive

Halloween and Home Buyers

Home buyers choose their home for many different reasons. Using the 2017 Profile of Home Buyers and Sellers and a recently released Realtor.com® survey, we can discover these common reasons as well as some surprising reasons for purchasing a...

Homebuying Demand Continues to Outpace Supply in Many States in September 2017

In a monthly survey of REALTORS®, respondents are asked “Compared to the same month last year, how would you rate the past month’s traffic in neighborhood(s) or area(s) where you make most of your sales?” Respondents rate buyer traffic...

September 2017 Existing Home Sales

NAR released a summary of existing-home sales data showing that housing market activity this September rose modestly 0.7 percent from last month but slipped 1.5 percent from last year. September’s existing home sales reached 5.39 million seasonally adjusted annual...

REALTORS® Confidence Index Survey: September 2017 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...

Raw Count of Home Sales (August 2017)

Existing-home sales dropped 1.7 percent in August from one month prior while new home sales declined 3.5 percent.  These headline figures are seasonally adjusted figures and are reported in the news.  However, for everyday practitioners, simple raw counts of...