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RSS Economist’s Outlook from the NAR

  • Black Friday: A Holiday in Itself to Some Shoppers November 28, 2014
    Black Friday for some shoppers is a holiday in itself. Deals are scouted out in advance with a schedule of where to shop based store openings, vehicles are arranged to hold on the merchandise, and child care is taken care of. It can start on Thanksgiving itself, in the wee hours of the morning on […]
    Jessica Lautz, Director, Member and Consumer Survey Research
  • Case-Shiller and FHFA Housing Price Data: Continued but Decelerating Gains November 25, 2014
    Last week NAR released median home price information that showed gains of 5.5 percent in October 2014 home prices compared to October 2013.  This gain was slightly higher than the 5.3 percent seen in September and also higher than the 4.2 percent average price increase in the peak selling months of May to August.  Still, […]
    Danielle Hale, Director of Housing Statistics
  • Third Quarter GDP: Production Boom, but Uneven Growth November 25, 2014
    There has been a boom in total production in the U.S. as the third quarter GDP grew at a 3.9 percent annualized rate.  This growth is on top of the 4.6 percent expansion in the second quarter.  Such a boom, if it can be sustained, could yield fast job gains and higher wages. Unfortunately, GDP […]
    Lawrence Yun, PhD., Chief Economist and Senior Vice President