Regional and Local Data Archive

REALTORS® Typically Expect Home Prices to Increase 3% in 2018

In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members “In the neighborhood or area where you make most of your sales, what are your expectations for residential property prices over the next year?” Among...

Share of First-time Buyers Held Steady at 32% in 2017 as Home Prices Continue to Increase under Tight Supply

First-time buyers accounted for 32 percent of all buyers of existing homes in December 2017, also the full-year average, according to the December 2017 REALTORS® Confidence Index Survey.[1] Compared to 2016, the share held steady, even as home prices...

Tax Reform Impact and Home Price Outlook

While the new tax law is already in effect, here we estimate how home prices will trend in 2018 for each state. The new tax law reduces the limit on deductible mortgage debt and limits the deductibility of the...

Third Quarter Winners

Stronger demand amidst lagging inventory levels caused home prices to continue accelerating in most  metropolitan areas. Among 177 metropolitan areas, 92% of them experienced an increase of home prices in the third quarter of 2017. We compared the local...

Eliminating Real Estate Tax Deductions, and The Typical Homeowner

The Effect of Eliminating the State and Local Real Estate Tax Deduction on a Typical Homeowner Undoubtedly, all eyes in Washington are focused on the “Big 6” and the release of the tax reform framework some weeks ago. Under...