Current Market Data

“Spillover Effect” Potent As Ever As Housing Market Recovers

The housing market’s effect on the general economy – or, the “spillover effect,” as its called by some – is often the trump card among housing analysts when debating the merit of real estate, the fact that though a

Chicago Home Prices Up 0.8 Percent in November Case-Shiller

Chicago home prices bounced back in a respectable way in the November Case-Shiller Home Price Indices, increasing 0.8 percent year-over-year and reversing an unfortunate trend of falling home prices for the city, according to the latest release from Standard

Sellers Continue to Hang Tight in Redfin Real-Time Seller Survey

Home sellers, though increasingly confident with the real estate market, are continuing to hang tight and wait for further improvements to the real estate market before listing their properties, according to the latest Real-Time Seller Survey from

New Single-Family Home Sales Increased 19.9 Percent in 2012

New single-family home sales in 2012 increased 19.9 percent over 2011, as the homebuilding market concluded its most productive year of business in some time. According to the latest Census Bureau figures, new single-family home sales were also up

Purchase Activity Back to 2010 Levels in MBA Mortgage Survey

The Purchase Index of the Mortgage Bankers Association’s (MBA) latest Mortgage Applications Survey, which measures purchase activity in the nation’s mortgage markets, increased 3 percent last week from the week before and 26 percent year-over-year, hitting its highest level

American Housing Survey Provides Fascinating Glimpse at New-Home Shoppers

The American Housing Survey is conducted every two years by the U.S. Census Bureau, and every time the agency releases it they unleash a bevy of fascinating statistics regarding how the buyers of newly-built single-family homes differ from the

What Will Happen with Housing Inventory in 2013?

Yesterday’s existing-home sales report from the National Association of Realtors’ made two points perfectly clear: one, that existing-home sales are showing promising trends for 2013; and two, that housing inventory has fallen just about as low as it possibly

Fitch Analysis: Housing will be Economic Boon in 2013

The housing market will contribute positively to the U.S. economy in 2013, with single-family housing starts climbing 18 percent, new home sales rising 22 percent, and finally, existing-home sales increasing 7 percent, according to an optimistic report by Fitch

2012 Zillow Home Value Index Increases 5.9 Percent Over 2011

The latest Home Value Index from Zillow had nothing but good things to share about the housing market, with U.S. home values increasing 5.9 percent in 2012 over 2011. Furthermore, the Home Value Index also increased in 2012’s fourth quarter,

Existing-Home Sales Increase 12.8 Percent in December

Existing-home sales increased 12.8 percent year-over-year in December as the housing market closed out a stellar 2012, according to the latest numbers from the National Association of Realtors. Though sales did dip a bit from November to December, falling

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