Home Sales Archive

Why we don’t read about skyrocketing home sales every March

by NAR Research economists Danielle Hale and Hua Zhong Home sales vary in (mostly) predictable patterns based on the month of the year and the days of the week in each month. Find out what data is the best...

Whither the Weather [Extended Blog Entry]

Whither the Weather The weather is getting a lot of attention for driving the pending results in December. But how do we know that the weather was responsible for the slip in contract signings as opposed to other market...

Did You Know: Pent Up Demand Among Young Adults Could Boost Home Sales by 200,000

In 2012, there were more than 71 million young adults aged 18 to 34 living in the US—more than the roughly 69 million when the baby-boomers were in this age group in the mid-1980s. The share of adults under...

Impact of Rising Mortgage Rates on Home Sales

Mortgage rates will continue to rise. They will probably be near 5 percent by this time next year, compared to the 3.5 percent average of the past 12 months. The rates will be even higher in 2015 and 2016....

Higher Home Sales with Falling Homeownership Rate

Home buyers have emerged and home sales have been pushed higher. Existing home sales rose by 9 percent in 2012 and are higher still by another 9 percent in 2013 year-to-date. New home sales – always the more cyclical...