The Pending Home Sales Index is a forward-looking housing market indicator based on contract signings. January’s data, just released on Friday, shows a fifth consecutive month of year-over-year gains with each month accelerating the…
Tag: real estate market
What is the Case-Shiller housing index, anyway? “The Case-Shiller index was created in the 1980s by the economists Karl Case and Robert Shiller. It was based upon data on repeat…
This morning’s news flash on my iPhone was: “Existing-home sales slow to 9-month low in January” As always, the headline is a little more dramatic than the actual news. It’s…
Despite a strong second half of the year, Existing Home Sales, as compiled by the National Association of Realtors,® were down 3.1% from 2013-2014. The volume drop can be attributed…
The National Association of Realtors® released its data for October existing home sales today. Good news: The volume of sales of this national aggregate number was up 2.5% from October…