seasonality Archive

October Pending Home Sales

NAR released a summary of pending home sales data showing that October’s pending home sales are up 0.1 percent from last month and also up 1.8 percent from a year ago. Pending sales are homes that have a signed...

REALTORS® Are Generally Optimistic Over the Next Six Months

In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® (NAR) asks members “What are your expectations for the housing market over the next six months compared to the current state of the market in the neighborhood(s) or area(s)...

October 2016 Existing-Home Sales

NAR released a summary of existing-home sales data showing that housing market activity rose for the second straight month. October’s existing-home sales reached the 5.60 million seasonally adjusted annual rate and existing-home sales are up 5.9 percent from a...

How Recent Mortgage Rate Increases Affect Housing Affordability

Bond Yields and Mortgage Rates are Moving Up This week has been an eventful one for bond markets. Just before the election, ten-year yields began to increase from the 1.8 percent yield they had held somewhat consistently in the...

Comparison of Seasonally and Not Seasonally Adjusted Existing-Home Sales

One problem with interpreting data over time is that many data exhibits movements which recur during the same period each year. This is why it is normal to report in the news seasonally adjusted data figures to reveal the...