seasonality Archive

April 2017 Housing Affordability Index

At the national level, housing affordability is down from last month and down from a year ago. Mortgage rates increased to 4.11 percent this April, up compared to 3.89 percent a year ago. Housing affordability declined from a year...

Raw Count of Home Sales (April 2017)

Existing-home sales dropped 2.3 percent in April from one month prior while new home sales decreased 11.4 percent.  These headline figures are seasonally adjusted figures and are reported in the news.  However, for everyday practitioners, simple raw counts of...

REALTORS®’ in West States Expect Fastest Price Growth in the Next 12 Months

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...

Median Days on the Market Declines to Lowest Level of 29 Days in April 2017

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...

REALTORS® Reported “Low Inventory” as Major Issue in April 2017

This blog post was written by Karen Belita, Data Scientist. In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members if they have additional comments or information regarding the demand, demand-supply conditions, changing buyer profile and preferences, mortgage/credit...
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June 2, 2017