Sales for Investment Purposes: 15 Percent of Residential Sales in December 2015

Approximately 15 percent of REALTORS® reported that their last sale was for investment purposes (16 percent in November 2015; 17 percent in December 2014), according to the December 2015 REALTORS® Confidence Index Survey Report. Nationally, sales for investment purposes...

Latest GDP (4th Quarter 2015)

Economic growth was feeble in the final quarter of 2015, rising only 0.7 percent. One bright spot, however, was the housing sector, which through new home construction and rising home sales drove housing investment to rise by 8.2 percent....

Hidden Demographics of First-Time Home Buyers

For the third year in a row, the percent of first-time home buyers in the pool of all home buyers has decreased to a historical low number, according to The National Association of REALTORS® Profile of Home Buyers and...
January 28, 2016

Applications for Purchase Mortgages

Applications for purchase mortgages rose 4.6 percent for the week ending January 22nd after a 1.6 percent decline in the prior week. Despite recent volatility, the 4-week moving average remains 21.3 percent stronger than the same time last year....

Latest New Home Sales (December 2015)

Home sales of newly constructed homes rose solidly in December. The latest tally is the second highest monthly sales pace in nearly eight years. The annual total is the best in nearly a decade. The gain also affirms the...