economic growth Archive

Not a Beautiful First Quarter GDP Growth

Economic growth numbers for the first quarter will be announced next week, and it looks like it will be a huge miss. The numbers could well be just a hair above the zero growth line. The average growth rate...

NAR Commercial Members’ Pulse on Economic Development

NAR commercial members work with small businesses in their local communities all over the country. Often REALTORS® can provide an ear to the ground for what’s happening in local economic development as they are one of the first sources...

Low Mortgage Rates and the Housing Market: Pros and Cons

While low mortgage rates boost consumer buying power, the reason for the low rates could hold home buyers back. Economic forecasters and analysts have frequently missed the mark recently when forecasting interest rates. In general, forecasters and experts have...

Home Purchases by Foreign Buyers are Likely Easing

Over the 12-month period April 2014‒March 2015, the National Association of REALTORS® estimated that the dollar volume of home purchases of foreign buyers rose to $102 billion, led by purchases from Chinese buyers. While NAR is yet to conduct...