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National Association of Realtors

First half pacing of home sales was strong, with caveats

August 18, 2009

Most of the data about the real estate market focuses on how sales are trending versus prior year, or the change versus the prior month.
An interesting way to assess the market is to look at how home sales have grown during the course of the year. As I’ve observed before, the majority of home [...]

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A look at the trajectory and trend in the existing home market

July 3, 2009

The recent home sales data from NAR suggest that the real estate contraction will come to an end in December.

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The surge toward November

June 4, 2009

Momentum appears to be building in the housing market and the summer is shaping up to be stronger than many — including me — had anticipated.The recipe? A $8000 rebate that expires at the end of November, coupled with continuing price declines that help to offset a slight rise in mortgage rates.I do [...]

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What do the March housing numbers tell us?

April 23, 2009

Recent reports on housing activity show that the decline is softening. Does that mean an end to the slump is near?

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Existing homes sales figures show increased velocity from a surpressed base

March 23, 2009

The existing home sales figures are heartening, but continue to show sustained weakness

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