Housing Market Trends

From the First American Economic Center

The First American Economic Center has you covered with in-depth analysis and expert insights on the latest data and trends in the industry.

Interview on Bloomberg TV: Discussing Housing Starts, Millennial Home Buying and More

By FirstAm Editor on October 19, 2016
First American Chief Economist Mark Fleming was invited to share his perspective on housing starts, Millennial home buying and more on Bloomberg Markets this morning. Mark commented on the tipping point signaled in today’s housing start numbers. Read More

Housing In The News Millennials

Market is Missing Its Potential Due to Tight Supply

By Mark Fleming on October 18, 2016
First American has updated its proprietary Potential Home Sales model for the month of September. Read More

Housing Interest Rates

Market Potential Improves on the Back of Gains in Income

By Mark Fleming on September 20, 2016
For the month of August, First American’s proprietary Potential Home Sales model showed that the market for existing-home sales is underperforming its potential by 5.6 percent or an estimated 323,000 seasonally adjusted, annualized rate (SAAR) of sales, an improvement relative to last month’s revised performance gap of -5.7 percent or 328,000 ... Read More

Housing

Market Hovering at Potential in Era of Many Housing “Positives”

By Mark Fleming on August 22, 2016
For the month of July, First American’s proprietary Potential Home Sales model showed that the market for existing-home sales is underperforming its potential by 1.3 percent or an estimated 92,000 seasonally adjusted, annualized rate (SAAR) of sales, an improvement over last month’s revised under-performance gap of 1.8 percent, or 104,000 (SAAR) ... Read More

Housing Interest Rates

Market at Potential in Era of Low Interest Rates and Job Growth

By Mark Fleming on July 20, 2016
For the month of June, First American’s proprietary Potential Home Sales model showed that the market for existing-home sales is underperforming its potential by only 0.3 percent or an estimated 17,000 seasonally adjusted, annualized rate (SAAR) of sales, an improvement over last month’s revised performance gap of -3.1 percent or 180,000 (SAAR) ... Read More

Housing Interest Rates

Market Activity Moves Closer To Potential

By Mark Fleming on June 16, 2016
For the month of May, First American’s proprietary Potential Home Sales model showed that the market for existing-home sales is underperforming its potential by 2.8 percent or by an estimated 156,000 seasonally adjusted, annualized rate (SAAR) of sales. While still underperforming, this is an improvement over last month’s underperformance gap of ... Read More

Housing