Current Market Data

Housing-Related Searches on Google Grew 253 Percent Over Past Four Years

Google and NAR team up on housing study With housing search data from Google combined with buyer and seller behavior from the National Association of Realtors (NAR), the story of today’s homebuyers and sellers is unfolding, and it is

NAR’s Housing Affordability Index Soars to New High in 2012

Buyers enjoyed unprecedented buying power last year, according to the National Association of Realtor’s Housing Affordability Index. Cruising past 2011’s record figure of 186, the index is expected to reach an all-time high of 194 for

Smarter Growth America: Govt Spends $450 Billion a Year on Real Estate

Real estate is often considered the last truly “free” market in the U.S. economy, a sector that, unlike agriculture, manufacturing, education or health care, has avoided the influence of government to grow and prosper – or has it? According to a

When Renting Became More Expensive Than Owning

Proponents of renting have often argued that renting is less expensive that owning, and admittedly, the argument makes sense; after all, renters do not have to worry about repairs, insurance or property taxes, among the other additional costs owners

NAHB’s Improving Markets Index Swells to 242, Chicago Added

The National Association of Home Builders’ (NAHB) Improving Markets Index, a key measure of the housing markets in the U.S.’ largest metropolitan areas, rose for the fifth consecutive month in January, increasing to a total of 242 cities – one

Fannie Mae National Housing Survey Reveals Great Expectations

It looks like avoiding the apocalypse may have put consumers in the mood to buy. Americans continue to report confidence in the housing market despite concerns for their personal finances and the overall economy. Respondents to Fannie Mae’s December National

Shadow Housing Inventory Continues to Fall, Down 12.3 Percent in Oct

So far, news for 2013 is optimistic: shadow housing inventory continued to decline in the autumn months, falling by 12.3 percent year-over-year in October, according to the latest estimates from CoreLogic. In total, there were 2.3 million units in

New Single-Family Home Sales Hit Two-Year High in November

New single-family home sales increased 4.4 percent from October to November, hitting their highest mark since April 2010, according to the latest numbers from the U.S. Census Bureau and the Department of Housing and Urban

Asking Prices Increase 5.1 Percent in December Trulia Price Monitor

Asking prices increased 0.7 percent from November to December and 5.1 percent year-over-year in the latest Trulia Price Monitor, which studied the asking prices of for-sale homes listed on Trulia in

Residential Construction Spending Up in November

Private residential construction spending increased again in November, rising 0.4 percent from October to November in what is shaping up to be an encouraging 2012 for residential construction, according to the latest data from the Census

Chicago Home Prices Fall 1.5 Percent in October Case-Shiller

Chicago home prices fell by 1.5 percent from September to October in the latest Case-Shiller Home Price Indices from Standard & Poor’s. In addition, Chicago home prices were down 1.3 percent from October 2011; though a number of other

Multifamily Housing Dominates November Architecture Billings Index

The multifamily housing market continued its dominant performance in the American Institute of Architects’ (AIA) Architecture Billings Index, a leading economic indicator of future construction activity that is based on the billings from the nation’s architectural firms. For November, the

NAR Gives A Great Xmas Present with its Existing-Home Sales Report

There was nothing but good tidings and cheer in the National Association of Realtors’ (NAR) existing-home sales report for November, which found existing-home sales to have increased 5.9 percent from October to November and 14.5 percent from November 2011.

Building Permits Up 26.8 Percent in New Census Bureau Study

Building permits increased 3.6 percent from October to November and 26.8 percent year-over-year in the latest joint study by the U.S. Census Bureau and the Department of Housing and Urban Development. Altogether, between single-family and multifamily authorizations, building permits

November Home Sales Rise 35.6 Percent in Suburban Chicago

Home sales in suburban Chicago increased by 35.6 percent year-over-year in November as the market continued to show signs of a recovery, according to the latest stats from the Mainstreet Organization of Realtors (MORe). Altogether, MORe’s data covered 200

NAHB Housing Market Index Hits Highest Level Since April 2006

The National Association of Home Builders/Wells Fargo Housing Market Index, the leading measure of builder confidence for the newly-built, single family home market, rose for the eighth consecutive month in December, hitting its highest mark since April 2006. Rising two

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