seasonality Archive

July 2016 Existing-Home Sales

NAR released a summary of existing-home sales data showing that housing market activity had its first year over year decline since November 2015. July’s existing-home sales slipped to the 5.39 million seasonally adjusted annual rate and existing-home sales are...

In What States Did Properties Sell Quickly in April–June 2016?

In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members “For the last house that you closed in the past month, how long was it on the market from listing time to the time the...

June 2016 Housing Affordability Index

At the national level, housing affordability is down from a year ago as home price growth distresses affordability. Inventory levels are low and are putting pressure on home prices despite another month of declining mortgage rates. Housing affordability declined...

Raw Count of Home Sales (June 2016)

Existing-home sales increased 1.1 percent in June from one month prior while new home sales rose 3.5 percent.  These headline figures are seasonally adjusted figures and are reported in the news.  However, for everyday practitioners, simple raw counts of...

Buyer Traffic Continued to Outpace Supply in Many States in April–June 2016

In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® (NAR) asks members “How do you rate the past month’s traffic in the neighborhood(s) or area(s) where you make most of your sales?” NAR compiles the responses on...