home price Archive

The Latest on Case Shiller and Home Prices

In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses the Case Shiller home price index and consumer confidence....

Unless inventories grow, demand for housing will keep the pressure on prices

Did You Know: Inventories are declining at a slower pace, but unless inventories grow, demand for housing will keep the pressure on prices and the balance of the market in favor of sellers. Comparing the total number of homes...

Accidental Landlords Could Boost Inventories

Between April of 2006 and April of 2011, the median home price fell 27.6%. However, the median price rebounded 19.7% over the subsequent two years. While many formerly underwater homeowners are just now getting their first shot at taking...

94 Percent of REALTORS® Expect Home Prices to Increase in Next 12 Months

With strong buyer demand and tight inventory, REALTORS® were generally upbeat about price trends in the coming months. Approximately 94 percent of REALTORS® who responded to the March REALTORS® Confidence Index (RCI) Survey expected constant or increasing prices in...

Eighty-three Percent of REALTORS® Report Constant to Rising Prices

With strong buyer demand and tight inventory, 83 percent of REALTORS® reported constant or rising prices in the February REALTORS® Confidence Index (RCI) Survey. The survey also showed that among the respondents: — About 16 percent reported a sales...