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RSS Economist’s Outlook from the NAR

  • Unemployment Insurance Claims Continue To Decline in Most States March 26, 2015
    The number of people losing jobs continues to remain on a downtrend. Initial unemployment insurance claims that were filed during the week that ended March 21 totaled 282,000 (seasonally adjusted), fewer by 9,000 claims from the previous week’s unrevised level. A decline in the number of unemployment claims indicates fewer job losses and greater job […]
    Scholastica (Gay) Cororaton, Research Economist
  • Latest New Home Sales (February 2015) March 25, 2015
    Contracts to buy a newly constructed home soared in February, portending a solid demand going into the spring home buying season. One reason is due to builders bringing less-expensive homes onto the market. Diving into the numbers, new home sales hit 539,000 (annualized pace), which is a big increase of 25 percent from one year […]
    Lawrence Yun, PhD., Chief Economist and Senior Vice President
  • February Existing Home Sales March 24, 2015
    NAR released a summary of existing home sales data showing that February’s existing home sales improved from last month and a year ago, while fewer homes on the market drive price growth. February’s sales show a fifth consecutive month of year over year improvement up 4.7%, while sales were up modestly 1.2% from last month. […]
    Michael Hyman, Research Data Specialist