Inventory Archive

July Existing-Home Sales

NAR released a summary of existing-home sales data showing that July’s existing-home sales increased year-over-year for the 10th consecutive month, as sales reach the 5.59 million seasonal annual adjusted rate. July’s sales are the highest sales pace since February...

Seasonally Adjusted Inventories

Are inventories even tighter than reported? Is more price pressure on the horizon for existing-homes in the months ahead? Each month with the National Association of Realtors® Existing-Home Sales data release, we see information on home sales, prices, and...

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