Home Sales Archive

Latest Consumer Confidence (March 2015)

Consumers are becoming ever more confident.  That is a very good sign for home sales.  Only by believing in a better future will consumers make expenditures that are longer-lasting. In March, the consumer confidence index rose to 101.3.  An...

Pent-Up Sellers?

For how long can people not move?  Historically home sellers lived in their homes for 6 or 7 years before deciding to put it for sale and make the next move.  That was not the case in 2014.  A...

Sales of Homes for Investment Purposes On the Decline

As reported in the August 2014 REALTORS® Confidence Index Report, sales to investors fell to 12 percent of home sales in August, from the average of about 18-20 percent in 2010-2013. One reason for the decline is that as...

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...