Housing Market Archive

Recent Oil Price Trends and What They Mean for the Housing Recovery

Crude oil prices are now trading at slightly below $50/barrel resulting in steep declines in gasoline prices. As of January 5, 2015, the U.S. Energy Information Administration (EIA) reported that the price of regular gasoline was $2.20 /gallon, the...

Unemployment Insurance Claims Continue To Decline

Insurance claims by the jobless continue to decline, a sign of the continuing good health of the labor market. Claims for unemployment insurance filed in the week of December 13 totaled 298,000, a decrease of 6,000 from the previous...

Market Conditions Held Steady in October

According to the latest REALTORS® Confidence Index, current conditions across property types essentially moved sideways in October–a slight decline for the single family market, and a slight increase for townhouses and condos.  Data were from the October REALTORS® Confidence Index...

REALTORS® Cite Reasons for Not Closing a Sale in August 2014

Tight supply and the difficulty in accessing credit were often cited as factors by REALTORS® who did not close a sale in August, according to data gathered in the August 2014 REALTORS® Confidence Index Survey. About 18 percent of...

August 2014 EHS Data Vs. The Ten-Year August Average

Every month NAR produces existing home sales, median sales prices and inventory figures. The reporting of this data is based on homes sold the previous month and the data is explained in comparison to the same month one year...