seasonality Archive

Why we don’t read about skyrocketing home sales every March

by NAR Research economists Danielle Hale and Hua Zhong Home sales vary in (mostly) predictable patterns based on the month of the year and the days of the week in each month. Find out what data is the best...

Whither the Weather [Extended Blog Entry]

Whither the Weather The weather is getting a lot of attention for driving the pending results in December. But how do we know that the weather was responsible for the slip in contract signings as opposed to other market...

Seasonal Patterns in Home Sales Data

It comes as no surprise to those in the real estate industry that there is a seasonal pattern to home sales data. This concept is also easily understood by those outside of the industry who can picture families with...

How to Sell in Winter Months

As REALTORS® in most parts of the country would know, the completion of home sales are strongest in the late spring and summer months as compared to the winter months. January and February are two months with the lowest...

Housing Inventory Falls in Winter

The number of existing homes-for-sale has fallen to 3.5 million in September. Expect another 15 percent dip by winter if past normal seasonal patterns hold. Inventory in December and January tends to be the lowest of the year, so...