Fri, Apr 25 2025, 3:54 PM
As is the case for the monthly data on New Home Sales from the Census Bureau, the National Association of Realtors (NAR) Existing Home Sales report do...
Fri, Apr 25 2025, 3:19 PM
The Census Bureau released March New Home Sales data this week, and it was near the best levels seen since early 2022. Before you get too excited abo...
Fri, Mar 28 2025, 5:16 PM
The National Association of Realtors' Pending Home Sales Index (PHSI) tracks purchase contract signings that have not yet turned into Existing Home Sa...
Fri, Mar 28 2025, 3:52 PM
It's not uncommon for certain medications to come with warnings about avoiding certain activities like driving or operating heavy machinery due to the...
Fri, Mar 21 2025, 4:04 PM
As is the case with a majority of housing and mortgage market data these days, the Existing Home Sales data from NAR is heavily dependent on context. ...
Fri, Feb 28 2025, 2:57 PM
The Census Bureau released new home sales data for January this week, and the annual pace was a seemingly significant 10.5% lower than last month's pa...
Thu, Feb 27 2025, 3:05 PM
The National Association of Realtors released its Pending Home Sales Index (PHSI) today, which measures home purchase contracts that have been signed,...
Fri, Feb 21 2025, 2:01 PM
The National Association of Homebuilders (NAHB) along with Wells Fargo released the monthly builder confidence index this week, and it came out much w...
Thu, Jan 30 2025, 3:24 PM
The National Association of Realtors (NAR) released its Pending Home Sales Index (PHSI) for December this morning. Pending sales measures the number ...
Fri, Jan 24 2025, 3:16 PM
It's no mystery that 2024 hasn't been a stellar year for home sales and many other housing metrics. Today's release of December's Existing Home Sales ...
Mon, Dec 30 2024, 3:11 PM
The National Association of Realtors (NAR) releases monthly reports on both existing and pending home sales. The latter tracks signed purchase contrac...
Mon, Dec 23 2024, 3:08 PM
Those who spend any time digging into home construction and home sales figures in the U.S. know that, of the 4 census divisions, the South accounts fo...
Thu, Dec 19 2024, 3:33 PM
Just in time for the big jump in interest rates seen after yesterday's Fed announcement, the latest Existing Home Sales data from the National Associa...
Tue, Nov 26 2024, 10:31 AM
Even on a good day, the Census Bureau's New Residential Sales report has a notoriously wide margin of error. But today's 12.8% margin of error isn't ...
Thu, Nov 21 2024, 3:53 PM
As you may have gleaned from our coverage of new home sales, construction, builder confidence, and mortgage apps recently, there are only so many ways...
Mon, Nov 18 2024, 3:28 PM
Historically low interest rates may not have guaranteed historically high levels of housing activity, but exceptionally high rates have definitely mut...
Fri, Oct 25 2024, 11:41 AM
“A herd of cows broke into a Colorado weed farm. Police and animal control are on the scene, and the steaks are high.” This will be the last day in th...
Wed, Oct 23 2024, 3:15 PM
Housing was chugging right along in early 2020, then covid happened. Housing experienced lots of unexpected volatility with the most important develo...
Thu, Aug 29 2024, 11:54 AM
Home sale numbers continue to retreat and in July the National Association of Realtors’® (NAR) Pending Home Sales Index (PHSI) fell to its lowest lev...
Tue, Aug 27 2024, 11:51 AM
Two major home price indices show home price appreciation is still running well above historical norms. However, increases in the S&P CoreLogic Case-S...
Thu, Aug 22 2024, 2:39 PM
Existing Homes (the jargon word for a home that has already been owned and occupied) represent a much larger piece of the home sales pie compared to n...
Wed, Aug 21 2024, 8:21 AM
Two weeks ago, we saw a sudden surge in refinancing activity. The Mortgage Bankers Association (MBA) reported that, during the week ended August 9, it...
Wed, Jul 31 2024, 11:50 AM
Signed contracts for home sales increased in June, a broad-based improvement seen in all four major regions of the country. The National Association o...
Wed, Jul 24 2024, 12:03 PM
Interest rates and prices continued to curtail home sales in June. The Census Bureau and the Department of Housing and Urban Development reported on W...
Tue, Jul 23 2024, 12:04 PM
Existing home sales fell in June, but the median sales price hit a record high as it had also done in May . The National Association of Realtors® sai...
Tue, Jul 16 2024, 3:09 PM
The National Association of Home Builders (NAHB) blamed high interest for lagging new home sales and the resulting dampened industry confidence in bui...
Wed, Jun 26 2024, 11:28 AM
May turned out to be a dismal month for home sales. Sales of existing homes dipped a modest 0.7 percent from April, but new home sales fared far worse...
Tue, Jun 25 2024, 12:01 PM
Two major home price indexes had very different conclusions about the growth of annual home prices in April, but each showed a significant month-over...
Thu, Jun 20 2024, 8:31 AM
There was a slight increase in mortgage application volume during the week ended June 14. For a change, it was accounted for by the home purchasing co...
Thu, May 30 2024, 12:30 PM
Pending home sales fell another 7.7 percent in April according to the National Association of Realtors® (NAR). NAR’s Pending Home Sales Index (PHSI) ...
Wed, May 22 2024, 3:17 PM
The inventory of existing homes for sale increased from March to April, but the increased availability didn’t bolster sales. The National Association ...
Wed, May 15 2024, 1:54 PM
Builders’ confidence in the new home market retreated this month , the first decline since last November. The National Association of Home Builders (N...
Tue, Apr 30 2024, 12:24 PM
Home price increases continued to accelerate in February even as interest rates also moved higher. Both the S&P CoreLogic Case-Shiller Indices and the...
Tue, Apr 23 2024, 12:47 PM
Existing home sales posted strong gains in February while sales of new homes slipped slightly. In March each category switched directions. The U.S. Ce...
Tue, Apr 16 2024, 11:41 AM
While builder confidence in the market for new residential construction improved in March, it remained flat in April and residential construction numb...
Tue, Mar 26 2024, 1:53 PM
Sales of newly constructed homes were virtually unchanged in February. The 662,000 seasonally adjusted annual units recorded in during the month was d...
Fri, Mar 22 2024, 1:44 PM
Rather than easing back from the January level as expected, existing home sales shot significantly higher in February, The National Association of Rea...
Tue, Mar 19 2024, 12:51 PM
Builder confidence rose for the fourth straight month and residential construction stats may now be trying to catch up. Both construction permits and ...
Fri, Mar 1 2024, 3:51 PM
Sometimes you'll see coverage of economic data that conforms to certain template with a predictable details and word counts. Rarely, the word count w...
Tue, Feb 27 2024, 11:55 AM
Despite the upward path of interest rates, both the CoreLogic Case-Shiller indices and the Housing Price Index (HPI) published by the Federal Housing ...
Mon, Feb 26 2024, 3:24 PM
With the market for existing homes struggling amid a lack of inventory, New Home Sales continue doing the heavy lifting for the housing market. Rathe...
Thu, Feb 22 2024, 1:23 PM
Prospects for the spring market look a bit brighter as January numbers show an increase in both the pace of existing home sales and the size of the un...
Fri, Feb 16 2024, 11:10 AM
Even though the National Association of Home Builders (NAHB) reported the third consecutive increase in its measure of home builder confidence, actual...
Fri, Jan 26 2024, 12:54 PM
Pending home sales surged last month, far exceeding analysts’ expectations. The National Association of Realtors® (NAR) said its Pending Home Sales In...
Thu, Jan 25 2024, 2:43 PM
New home sales finished 2023 on a positive note , posting seasonally adjusted numbers higher than in both November and the prior December. The U.S. Ce...
Thu, Jan 18 2024, 12:39 PM
December’s housing starts failed to sustain their November growth but permit activity as well as positive news out of the National Association of Home...
Mon, Jan 8 2024, 1:33 PM
Even as consumer sentiment about housing remained generally pessimistic, a change in perceptions about the future of mortgage interest rates did a lot...
Thu, Dec 28 2023, 3:15 PM
The National Association of Realtors (NAR) releases two widely followed home sales reports. Existing Home Sales measure transactions of homes other t...
Thu, Nov 30 2023, 12:26 PM
The National Association of Realtors® (NAR) said its Pending Home Sale Index (PHSI) established a record low in October. The Index, a forward-looking ...
Mon, Nov 27 2023, 2:48 PM
The Census Bureau released the monthly New Home Sales report today, showing a decrease from 719k in September (revised down from 759k initially report...