Justice Department Probes NAR’s Ban on Pocket Listings
HousingWire is reporting (reposted on RealTrends) that the National Association of Realtors (NAR) is giving insight into the U.S. Department of Justice’s investigation into their recent ban on Pocket Listings. According to the report, the Biden Justice Department unilateraRead More
Local Market Monitor’s National Economic Outlook for September 2021
Local Market Monitor, a National REIA preferred vendor, recently released their monthly National Economic Outlook where they share their thoughts on developments taking place in the U.S. economy. National Economic Outlook By Ingo Winzer September, 2021 The latest data on home priRead More
Consumer Price Index Up 0.3% in August
The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was 0.3% in August, 2021. Over the last 12 months, the all items index increased 5.3% before seasonal adjustment. Click here to read the full release at the Bureau of LRead More
Building Materials Prices See Large Increases
The NAHB’s Eye on Housing recently took a deep-dive into the Bureau of Labor Statistics Producer Price Index (PPI) regarding the prices of goods used as inputs to residential construction. Their data shows that overall (excluding energy) they have increased 19%. If you addRead More
House Democrats Propose Tax Hikes to Pay for Biden’s $3.5 Trillion Spending Bill
According to various media reports, Democrats in the U.S. House of Representatives’ Ways & Means Committee have promulgated a series of tax increases to fund the expansion of social safety net programs and fight climate change, as part of President Biden’s $ 3.5 tRead More
Home Price Appreciation Continues to Accelerate
According to recent data from the Mortgage Bankers Association, home price appreciation & loan sizes continued to accelerate in Q2, 2021. The MBA says this was driven by robust housing demand that continues to outpace the supply of homes for sale. “While challenges to Read More