For the month of October, First American’s proprietary Existing-Home Sales Capacity (EHS-C) model showed that the market capacity for existing-home sales decreased by 3.1 percent compared to September and decreased by 7.3 percent compared to a year ago. The EHS-C provides a gauge on whether existing-homes sales are under capacity or over capacity ... Read More ›

Price appreciation fueled by low interest rates is driving market capacity for existing-home sales above actual existing-home sales First American’s proprietary Existing-Home Sales Capacity (EHS-C) model provides a gauge on whether existing-home sales are under capacity or over capacity based on current market fundamentals. For the month of ... Read More ›

Market capacity for existing-home sales has remained close to six million sales on an annualized basis for more than a year First American’s proprietary Existing-Home Sales Capacity (EHS-C) model provides a gauge on whether existing-home sales are under capacity or over capacity based on current market fundamentals. For the month of August, the ... Read More ›

First American’s proprietary Existing-Home Sales Capacity (EHS-C) model provides a gauge on whether existing-homes sales are under capacity or over capacity based on current market fundamentals. For the month of July, the EHS-C seasonally adjusted, annual rate of sales decreased by 23,000, a decreased of 0.4 percent compared to June and a decrease ... Read More ›

Housing market improving as underperformance gap between existing-home sales and market capacity shrinks. First American’s proprietary Existing-Home Sales Capacity (EHS-C) model provides a gauge on whether existing-homes sales are under capacity or over capacity based on current market fundamentals. For the month of June, the EHS-C rate decreased ... Read More ›

NAR Existing-Home Sales numbers for April will be released on Thursday, May 21st. We have crunched the numbers based on April data and believe that the market continues to under-achieve relative to its capacity. Based on fundamentals, housing market capacity continued to strengthen in April based on the most recent information on labor markets, ... Read More ›