EHS Archive

Home Owners Add $760 B in New Home Equity

Existing-home sales are up 2.1 percent in October from the previous month and home prices are up more than 11 percent from this same time last year, to $178,600. Sales are being driven by strengthening fundamentals—the improving jobs picture,...
November 20, 2012

Home Prices Up 11 Percent

Home sales dropped a bit over the last month but they remain strong compared to this time last year and price gains remain robust. NAR Chief Economist Lawrence Yun released NAR’s September 2012 existing-home sales figures on Friday last...
October 22, 2012

At the Bottom, but Maybe Not for Long

The Wall Street Journal today says the housing market nationally is bottoming out, the essential first step before it can start rising again. But the Journal is a little pessimistic that the upward bounce is coming any time soon....
April 30, 2012

EHS Rebenchmarking: What’s It All About?

When NAR releases its existing-home sales (EHS) numbers next week for the month of November, the figures will reflect what’s known as a rebenchmarking. This is an adjustment that researchers do periodically to help ensure the continued accuracy of...
December 15, 2011

How NAR Calculates Existing-home Sales

By Robert Freedman, senior editor, REALTOR® Magazine In response to media coverage about the calculation of existing-home sales, NAR Chief Economist Lawrence Yun yesterday walked reporters through the association’s methodology for calculating its monthly EHS figures as part of...
February 24, 2011

Moratorium Would Knock Out 20% of Market

By Robert Freedman, senior editor, REALTOR® Magazine A government-mandated foreclosure moratorium would take about 20 percent of homes available for sale off the market, and that’s something that would hurt the home sale market today and hinder the recovery...
October 26, 2010