Housing and Economic Indicators (10-9)

Useful research data from the National Association of Realtors®

Palm Coast, FL – October 9, 2010 – The National Association of Realtors® provides valuable information to keep real estate practitioners and their clients understand the real estate market.
 

Housing and Economic Indicators

Housing and economic indicators provide real estate professionals with tools to interpret the market and apply that knowledge to their business. In addition to NAR’s own existing-home sales series, NAR Research monitors other indicators such as new-home sales, housing starts, producer prices, mortgage rates and more.
Existing-Home Sales (Aug) – 4.13 million units*Source: NATIONAL ASSOCIATION OF REALTORS® 
Existing-Home Median Price (Aug) – $178,600
Source: NATIONAL ASSOCIATION OF REALTORS®
Housing Affordability (July) – 161.8
Source: NATIONAL ASSOCIATION OF REALTORS® 
Pending Home Sales Index (July) – 79.4
Source: NATIONAL ASSOCIATION OF REALTORS® 
New Home Sales (Aug) – 288,000*
Source: U.S. Census Bureau
Housing Starts (Aug) – 598,000*
Source: U.S. Census Bureau
Retail Sales (August) – Up 0.4%
Source: U.S. Census Bureau
Mortgage Purchase Application Index (Week ending September 17) – Down 1.4%
Source: Mortgage Bankers Association
Fixed-Rate Mortgage Rate (Week ending September 23) – 4.37%
Source: Freddie Mac 
Consumer Confidence (August) – 53.5 (up from 51.0)
Source: The Conference Board
Employment Situation (August) – Down 54,000 Jobs
Source: U.S. Bureau of Labor Statistics
Consumer Price Index (August) – Up 0.3%
Source: U.S. Bureau of Labor Statistics
Producer Price Index (August) – Up 0.4%
Source: U.S. Bureau of Labor Statistics
*seasonally adjusted annual rate

©Copyright National Association of REALTORS®, Reprinted from REALTOR.org with permission.

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