Housing Market Archive

In What States Did Properties Sell Quickly in March-May 2015?

In the monthly REALTORS® Confidence Index Survey, NAR asks REALTORS® “For the last house that you closed in the past month, how long was it on the market from listing time to the time the seller accepted the buyer’s...

Price Differences–Small and Large Commercial Buildings

The average property transaction in commercial real estate markets served by REALTORS® has been in the neighborhood of $1.6 million, significantly below the $2.5 million threshold typically used by major databases in compiling sales information.  The markets for small...

Births and Housing Demand

The birth rate in America has been on a long-term decline as people are deciding to have fewer babies and at a later age.  The most recently available data shows the lowest birth rate in the U.S. modern history. ...

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...