Residential
Residential Economic Issues & Trends Forum, May 4, 2022
NAR’s Chief Economist Lawrence Yun discusses recent developments in the U.S. economy and their impact on the housing market, and reviews housing trends as well as his expectations for the second half of 2022. Lawrence Yun, Leigh Brown, Tiffany Curry and Tommy Choi talk about using data strategically in your personal business. www.nar.realtor – Research
Compass Finally Reveals Residential Numbers for 2021
After being excluded from RISMedia’s 34th Annual Power Broker Report for incorporating commercial transaction data in its reported totals for 2021, Compass has since submitted to RISMedia verified residential-only numbers for the year: 2021 residential sales volume: $ 251,019,336,511 2021 residential transactions: 224,067 Number of offices: 501 Number of agents: 26,257 Compass had previously submitted […]
Demand for Residential, Industrial, and Recreational Land Increases During the Pandemic
Land sales rose at a healthy pace in 2020 compared to the collapse in transactions of commercial real estate structures. www.nar.realtor – Research
Instant Reaction: Second 2020 Q4 GDP Growth Estimates Show Residential Investment Leading the Economic Recovery
Today’s second GDP estimate for the 2020 Q4 shows the economy grew slightly higher at 4.1% than previously estimated (4% advance estimate). www.nar.realtor – Research
Residential Spending Continues to Lead Construction Numbers
Total spending on construction projects in the U.S. rose 0.9 percent in November compared to October. The U.S. Census Bureau estimated that the seasonally adjusted annual spending on all types of construction was $ 1.459 trillion during the month compared to $ 1.447 trillion the prior month, an 0.9 percent increase. The rate was up […]