seasonality Archive

Highlights of the August 2016 REALTORS® Confidence Index Survey

While local conditions vary, the REALTORS® buyer traffic and current conditions confidence indices remained above 50 in August 2016, indicating that more local markets were “strong” rather than “weak,” according to the August 2016 REALTORS® Confidence Index Survey Report.[1]...

August 2016 Existing-Home Sales

NAR released a summary of existing-home sales data showing that housing market activity slowed for the second month in a row. August’s existing-home sales slid to the 5.33 million seasonally adjusted annual rate and existing-home sales are modestly up...

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...

Uses of Home Equity Loans Show Benefits of Homeowership

According to the Census Bureau’s latest data, the U.S. homeownership rate edged lower to 63.1 percent in the second quarter of 2016, with the homeownership rates falling across all age groups. [1] This is the lowest rate recorded since...

Raw Count of Home Sales (July 2016)

Existing-home sales dropped 3.2 percent in July from one month prior while new home sales rose 12.4 percent.  These headline figures are seasonally adjusted figures and are reported in the news.  However, for everyday practitioners, simple raw counts of...