NAR (National Association of Realtors) is a great site for housing news and data indexes. I actually just had to go to
Realtor.org to get data on
Pending Home Sales. They have a PDF file of the data release or an excel spreadsheet. In their housing statistics section they also provide
Existing Home Sales,
Metropolitan Median Prices, as well as an
Affordability Index which I will be using tomorrow.
Check out their
Housing & Economic Indicator section. They provide reports in PDF form to real estate professionals. Realtor.org also has a section called
Economists' Outlook. Lawrence Yun is the Chief Economist of NAR (National Assocation of Realtors) and look at his view on the pending home sales number in the video below.
Watch for the bottom in home sales and prices.
Posted by
newsbysector.
