home prices Archive

Infographic: All the Presidents’ Home Prices

There have been nine U.S. presidents since the National Association of Realtors® began its comprehensive reporting of home sales data in 1968. The country and the typical cost to buy a home have changed a lot. To celebrate President’s...
February 17, 2017

Large Metro Areas Seeing Hefty Home-Price Gains

At a pace of 5.7 percent, home-price growth quickened in the final three months of 2016 (5.4 percent in the third quarter) amidst severe supply shortages in much of the U.S. Looking at some of the year-over-year gains in...
February 15, 2017

Super Bowl LI: New England’s Higher Home Prices vs. Atlanta’s Faster Price Growth

Super Bowl Sunday is almost here: the New England Patriots (a shocker to nobody) vs. the Atlanta Falcons. Last month we looked at who would be the this year’s champion if the winner was determined based on the home price...

Infographic: Groundhog Day and Real Estate

Can a groundhog and his shadow predict the strength of the housing market? Here is what happened the past 20 years in real estate when Punxsutawney Phil climbed out of his hole; does seeing his shadow extend to real...
February 1, 2017

Existing-Home Sales Dip in December

A dip in existing sales activity in December (2.8 percent) was not enough to keep 2016 from being the strongest year of sales (5.45 million) in exactly a decade. During this morning’s press conference, Lawrence Yun, NAR chief economist,...
January 24, 2017

Tracking Single-family Home Prices at Inaugurations since 1969

Presidents always promise their version of change once they enter office. One thing that has definitely changed in the past five decades is home prices. NAR began collecting existing-home sales and price data back in 1968. In those 49...

Predicting the Winner of Super Bowl LI

The second round of the NFL playoffs kicks off this weekend with some very intriguing match-ups. Last fall we looked at who would be the World Series champion if the winner was determined based on the home price movements of...

Lawrence Yun on Housing and the Economy in 2017

It’s hard to believe 2016 is coming to an end. Three things rose over the past year: mortgage rates, existing-home sales and home prices. What’s in store for 2017? Watch my discussion from earlier this week with NAR Chief...
December 29, 2016

November Existing-Home Sales: The Streak Continues

The headline of this post may lead you to believe that existing-home sales were up again in November for the third straight month. That is indeed true. However, “the streak” I’m referring to is the remarkable fact that existing-sales...
December 21, 2016

Instant Reaction: November Housing Starts

The following is NAR Chief Economist Lawrence Yun’s reaction to today’s U.S. Commerce Department report on November housing starts: “There’s little to cheer about regarding residential construction in November.  The fall in single-family housing starts offers zero relief to...
December 16, 2016