The Forecast


For Daily Forecast Updates and other commentaries on the housing market, please check out our Economists' Commentary page.

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Current Issue

November 2009

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In This Issue

Monitor

Check out this snapshot of monthly housing indicators.

Economic Commentary

The key to any future sustainable economic recovery lies in home values stabilizing or, better yet, a return to a historical home price appreciation rate of 3 to 5 percent each year.

Forecasts

For the latest economic forecast insights and analysis, visit our Economists' Outlook page.

In Focus

Not surprisingly, August’s Confidence Index varied by region, but as was the case for the different indexes for each property segment, all of the regional measurements posted month to month and year over year gains.

Market Intelligence

Overall, REALTORS® report that the market has become much more active at the lower end, but is still slow at the upper end

Existing-Home Sales

Existing-home sales posted a seasonally adjusted annual rate of 5.10 million units in August – off 2.7 percent from July’s sales pace but a 3.4 percent gain over the level in August of 2008.

Archives

See previous issues.

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