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RSS Economist’s Outlook from the NAR

  • Shrinking Inventory January 26, 2015
    The total inventory of homes available for sale fell in December for the first time in 16 months.  The decline was very modest of less than 1 percent from the comparable month the year before.  Nonetheless, it represents a reversal to the general growth of listings that had been occurring throughout 2014.  Months supply is […]
    Lawrence Yun, PhD., Chief Economist and Senior Vice President
  • FHFA Price Indicator January 22, 2015
    Today, FHFA released their housing price index data for November which showed that house prices rose 0.8 percent from October on a seasonally adjusted basis. That rate of growth is the highest one-month growth rate reported by FHFA since December 2013; it would translate into an annual price growth of 10 percent. While month to […]
    Danielle Hale, Director of Housing Statistics
  • How are first-time homebuyers becoming more diverse? January 21, 2015
    Using data from NAR’s 2006-2014 Profile of Home Buyers and Sellers, we can examine how the demographics of first-time homebuyers have changed over the last 9 years. What do these numbers show us about the diversity of buyers, and what insight can they provide for the future? The demographic characteristics of first-time buyers overall has […]
    Brandi Snowden, Research Survey Analyst