NAR released a summary of existing-home sales data showing that August’s existing-home sales slipped after three straight months of gains, as sales reached the 5.31 million seasonally adjusted annual rate. Previous months were strong, so…

The United States Census Bureau compiles data on households through the Current Population Survey, a joint project with the U.S. Bureau of Labor Statistics. Based on the latest data, there were 124.5 million households in…

In a presentation at a REALTOR® University Speaker Series held recently,[1] Dr. Jordan Rappaport, Senior Economist of the Federal Reserve Bank of Kansas City, discussed the demographic trends and preferences of millennials and baby boomers…

Based on the latest data from the Bureau of Economic Analysis[1], the real estate industry accounted for $150.1 billion in Texas. The figure accounted for 9.1 percent of Texas’s Gross State Product. The figure includes…

Homebuilders are not building enough. In August, housing starts fell for the second straight month. Without a robust addition of newly constructed homes, an inventory shortage will continue. Specifically, housing starts fell to 1.13 million…

Based on the latest data from the Bureau of Economic Analysis[1], the real estate industry accounted for $65.5 billion in Ohio. The figure accounted for 11.2 percent of Ohio’s Gross State Product. The figure includes…