In this episode of the REconomy podcast from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi explain the economic concept of demand elasticity and why housing market demand tends to be... Read More›

Housing market potential strengthened again last month, according to our Potential Home Sales Model, despite significant supply headwinds. In May, housing market potential increased 0.8 percent compared with April, and i... Read More›

In this episode of the REconomy podcast from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi explain the dynamics influencing the second coming of suburbia and the implications for the... Read More›

One of the most closely watched indicators of inflation, the Consumer Price Index (CPI), jumped 4.2 percent year over year t... Read More›

In this episode of the REconomy podcast from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi discuss how inflation in owner-occupied housing is measured and why an argument can be made... Read More›

Housing affordability on a year-over-year basis declined in March for the first time since January 2019, ending a more than two-year streak of rising affordability. The long run of increasing affordability snapped, even ... Read More›