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Economist Commentaries

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 Workforce Home Affordability as of April 2019
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By admin
In affordability, Economist Commentaries, Employment, Jobs, state employment monitor, wage
Posted May 31, 2019

Workforce Home Affordability as of April 2019

Employment conditions remain broadly positive as of April 2019, with 2.6 million jobs created from one year ago (April 2019 State Employment Monitor).  Wages are broadly rising faster than [...]

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 April 2019 Pending Home Sales
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By admin
In Economist Commentaries, Existing Home Sales, Pending Home Sales, Regional Data
Posted May 31, 2019

April 2019 Pending Home Sales

NAR released a summary of pending home sales data showing that April’s pending home sales pace was down 1.5 percent last month and fell 2.0 percent from a year ago. Pending sales represent homes [...]

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 Homebuyer Search Price Range is Nearly 20 Percent Below List Price
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By admin
In Economist Commentaries, Home Price, incentives, offers, price distribution, REALTOR® Confidence Index
Posted May 29, 2019

Homebuyer Search Price Range is Nearly 20 Percent Below List Price

There continues to be a price mismatch between homebuyers and sellers, according to REALTORS® who responded to NAR’s April 2019 REALTORS® Confidence Index Survey. In April 2019, REALTORS® [...]

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 Commercial Real Estate Prices Still Trending Up in 2019 Q1
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By admin
In cap rates, commercial real estate, Commercial Real Estate Outlook, Economist Commentaries, leasing, sales price, unemployment, vacancy rates
Posted May 24, 2019

Commercial Real Estate Prices Still Trending Up in 2019 Q1

Amid sustained economic expansion and the lowest unemployment rate since 1953, commercial property prices are still broadly trending upwards although at a modest pace compared to past years, [...]

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 REALTORS® Confidence Index Survey: April 2019 Highlights
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By admin
In Buyer Traffic, cash sales, days on market, Economist Commentaries, first time buyers, REALTOR® Confidence Index, Seller Traffic
Posted May 23, 2019

REALTORS® Confidence Index Survey: April 2019 Highlights

The REALTORS® Confidence Index (RCI)[1]  survey gathers monthly information from REALTORS® about local real estate market conditions, characteristics of buyers and sellers, and issues affecting [...]

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By admin
In Economist Commentaries, existing home price, Existing Home Sales, Inventory, Regional Data
Posted May 22, 2019

NAR released a summary of existing-home sales data showing that housing market activity this April, modestly fell 0.4 percent from March 2019. April’s sales of existing homes dropped 4.4 percent [...]

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 Homebuying Continues to Pick Up in March 2019 Amid Favorable Economic Conditions
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By admin
In Buyer Traffic, contracts, Economist Commentaries, Mortgage, Mortgage Rates, REALTOR® Confidence Index, state data, unemployment
Posted May 14, 2019

Homebuying Continues to Pick Up in March 2019 Amid Favorable Economic Conditions

With economic conditions working in favor of homebuyers, REALTORS® reported an uptick in homebuying traffic in March 2019 compared to one year ago, according to NAR’s March  2019 REALTORS® [...]

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 March 2019 Housing Affordability Index
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By admin
In Economist Commentaries, housing affordability, housing affordability index, Income, Mortgage Rates
Posted May 11, 2019

March 2019 Housing Affordability Index

At the national level, housing affordability is down from last month but up from a year ago. Mortgage rates were down from last month at 4.51 percent this March, and down 2.6 percent compared to [...]

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 Construction and Housing Starts Outlook for 2019—2028
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By admin
In Construction, Economist Commentaries, Employment, housing starts, payroll employment, state data
Posted May 2, 2019

Construction and Housing Starts Outlook for 2019—2028

Job growth continues to increase strongly, with the economy generating 2.5 million jobs in March 2019 from one year ago. Payroll employment rose in March 2019 from one year ago in all industries [...]

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 March 2019 Pending Home Sales
0
By admin
In Economist Commentaries, Existing Home Sales, Pending Home Sales, Regional Data
Posted May 1, 2019

March 2019 Pending Home Sales

NAR released a summary of pending home sales data showing that March’s pending home sales pace was up 3.8 percent last month but fell 1.2 percent from a year ago. Pending sales represent homes [...]

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