Inventory Archive

FHFA Housing Price Index

FHFA released their housing price index data for April which showed that house prices rose 0.3 percent from March on a seasonally adjusted basis. That rate of growth is the same that FHFA reported in March. If that rate...

45 Percent of Properties Were on the Market for Less than a Month in May 2015

Approximately 45 percent of properties were on the market for less than a month when sold (46 percent in April; 41 percent in May 2014), according to the May 2015 REALTORS® Confidence Index Survey. With tight inventory, properties that...

Mortgage Application Data

This blog post was written by La Shawn Skeete. La Shawn is a Summer Research Intern and is currently studying at The University of Maryland, College Park pursuing a degree in economics. Seasonally adjusted mortgage applications increased 8.4% from the week ending May 29th...
By
June 12, 2015

Raw Count of Home Sales (April 2015)

Existing home sales dropped 3.3 percent in April from one month prior while new home sales increased 6.8 percent.  These headline figures are seasonally adjusted figures and are reported in the news.  However, for everyday practitioners, simple raw counts...

Latest Construction Spending (April 2015)

Construction spending kicked higher in April to its highest level in over 6 years.  Everything real estate is coming alive.  More gains are in the cards for later in the year since home construction will no doubt increase from...